HM Treasury has updated on the progress of the Digital Gilt Instrument (DIGIT) pilot issuance, following the Chancellor’s announcement that it will be issued by Q1 2027. The issuance will take place on HSBC’s digital securities depository, HSBC Orion. HSBC and the London Stock Exchange Group have signed a MoU to deliver a link that provides connectivity between the HSBC and LSEG DSDs. The Government has also started discussions about listing the DIGIT on the main market.
Treasury updates on DIGIT pilot
