Transaction uses TRS structure to deliver exposure to a DNN issued by a rated financial institution.

South Korean broker-dealer Hana Securities has entered the digital bond market through a Total Return Swap (TRS) linked to a Digitally Native Note (DNN), according to the company’s statement on 18 December.   The  firm   executed the transaction with Standard Chartered acting as the TRS provider The   firm   executed the transaction with Standard Chartered acting as the TRS provider, structuring and delivering the deal tied to a digital asset.  The note i