A full digitalisation of worldwide bond markets is a matter of when’ and never if’, in accordance with the Official Financial and Monetary Establishments Discussion board OMFIF’s newest Way forward for Capital Markets 2022 report, revealed on the finish of March. Banks and different service suppliers must innovate to keep away from disintermediation.
For the report, OMFIF queried 21 main international public sector debtors on the rise of latest blockchain applied sciences and their outlook for the digitalisation of the worldwide mounted revenue market, which OMFIF estimates to be price $120 trillion.
The report discovered that round half of the issuers surveyed count on full market digitalisation to occur inside 5…
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