UBS - 375M CHF Token

Overview

UBS AG priced its inaugural senior unsecured digital bond and will be issued on the blockchain-based platform of SIX Digital Exchange (SDX) while being dual listed and traded on SDX and SIX Swiss Exchange (SIX). This is the world’s first public benchmark bond that investors can access in both digital and traditional markets.

Issuer(s): UBS AG London Branch
ISIN : CH1228837865
Date: 11/14/2022
Country/Jurisdiction: Switzerland
Size (Native Currency): 375M CHF
Size (USD): $417,598,500
Denomination (Native Currency): 50,000 CHF
Minimum Investment (Native Currency): 50,000 CHF
Length: 3 Years
Coupon: 2.33%, annual

Through this bond, UBS enables investors, regardless of whether they have the blockchain infrastructure, to invest in a digital bond. This removes a hurdle on the way to adopt new disruptive technology that can make issuing bonds faster, more efficient and simpler.