UK names six banks to lead first digital gilt pilot
Two newswires report that the UK has named six banks to lead a pilot for its first digitally native government bond, called DIGIT. The pilot will test distributed ledger technology and onchain settlement, with issuance expected by the first quarter of 2027.
Why “Unverified”
- 2 independent sources (The Defiant, Cointelegraph), but no primary confirmation
2 independent source groups across 2 posts · evidence score 75/100. How labels work
What the sources claim
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The UK named six banks to lead the first digital gilt pilot.
“UK Names Six Banks to Lead First Digital Gilt Pilot”
The Defiant -
The managers will underwrite and distribute DIGIT, a short-dated bond on HSBC Orion that sits outside the UK's main debt management programme.
“The managers will underwrite and distribute DIGIT, a short-dated bond on HSBC Orion that will sit outside the UK's main debt management programme.”
The Defiant -
The DIGIT pilot will test distributed ledger technology and onchain settlement for UK sovereign debt.
“The DIGIT pilot will test distributed ledger technology and onchain settlement for UK sovereign debt”
Cointelegraph -
Issuance is expected by the first quarter of 2027.
“with issuance expected by the first quarter of 2027”
Cointelegraph
Sources
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Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-06 19:30 UTC. Labels are computed from the sources, not by the model.