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Provision of Services for HM Treasury for a Pilot Digital Gilt Instrument (DIGIT) issuance

HM Treasury Published 12 Feb 2026 Find a Tender

key details

Value£0
Statuscomplete
Category (CPV) 48000000 +2 more
Deadline17 Nov 2025
Procedureopen
SME suitableYes
OCIDocds-h6vhtk-04ee43

Award

SupplierValueDateStatus
HSBC BANK PLC · · active

description

HM Treasury (the Authority) intends to issue DIGIT using Distributed Ledger Technology on a platform within the Digital Securities Sandbox which was established by the Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023, and which came into force on 8 January 2024.

The proposal requires Supplier(s) to develop and provide the necessary services to allow HM Treasury, to issue, distribute and settle DIGIT as a digitally native note within the DSS and accommodate subsequent lifecycle events. The proposal also includes requirements that concern interoperability functionality and connectivity.

This contract is exempt from the Procurement Act 2023 in line with Schedule 2 to that Act, therefore the provisions of the Procurement Act 2023 do not apply to this procurement or contract.

documents

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notice history

6 notices published against this procurement.

PublishedTypeRegimeNotice
18 Mar 2025 Preliminary market engagement (UK2) Procurement Act 2023 009813-2025
7 Oct 2025 Tender notice (UK4) Procurement Act 2023 062967-2025
5 Nov 2025 Tender notice (UK4) Procurement Act 2023 071439-2025
11 Nov 2025 Tender notice (UK4) Procurement Act 2023 072980-2025
13 Nov 2025 Tender notice (UK4) Procurement Act 2023 073385-2025
12 Feb 2026 Contract details (UK7) Procurement Act 2023 012654-2026

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source

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