Euroclear and Clearstream Dematerialize Eurobonds

Euroclear and Clearstream are launching an unprecedented service: the 100% dematerialized issuance of eurobonds. This is a major breakthrough for the massive €15.3 trillion market, which is definitively abandoning paper certificates. Faster, more secure, and less costly, this digital shift promises to reinvent capital access for issuers and investors worldwide.

Eurobonds—debt securities issued outside the issuer’s home country and in a currency different from its local currency—are now entering the fully digital era thanks to Euroclear and Clearstream.

Issuers can now launch bonds without any physical documentation. It is the end of global paper certificates, which were a source of delays, costs, and risks (loss, theft, counterfeiting). This 100% electronic management also saves time and improves efficiency: issuance and post-trade processes are accelerated, reducing delays and human errors while cutting costs.

For more information, read the press release