Canadian Bank Uses Blockchain for Fixed-Income Transaction

FAN Editor

This article was originally published on ETFTrends.com.

BMO Capital Markets, the investment banking subsidiary of Canadian Bank of Montreal, successfully launched a pilot fixed-income issuance transaction that mirrors a blockchain platform in conjunction with leading pension fund investor Ontario Teachers’ Pension Plan. The transaction included Bank of Montreal as the issuer and Ontario Teachers’ as the buyer of a CDN$250MM 1-year floating […]

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