ESM is first European supranational issuer to settle DLT-based bond issuance on Eurosystem’s Pontes platform with Bundesbank and Clearstream
The European Stability Mechanism (ESM), the Deutsche Bundesbank, and Clearstream are participating in the first digital bond issuance by a European supranational issuer to be settled through the Pontes platform. Pontes is the Eurosystem platform for settling wholesale financial transactions using distributed ledger technology (DLT) directly in central bank money. The transaction marks the transition of Europe’s wholesale digital financial infrastructure from pilot projects to live deployment.
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