Britain aims to become the first major advanced economy to issue a digital sovereign bond by doing so by early ​next year, finance minister Rachel Reeves said in a speech on Tuesday. • Britain's "Digital Gilt Instrument" pilot was announced in 2024 and ⁠tests how distributed-ledger technology could make capital markets more efficient ⁠and reduce costs for financial institutions. • Reeves made the announcement in ​her annual ​Mansion House speech ​in the City of London financial district and said further issuance was planned after the initial sale • Bank of England Governor Andrew Bailey said at the same event ... (full story)