ITS MarketsBookbuildDeal flowBeta sign inSimulated demo

ITS Bookbuild

One private book.
Three points of view.

Follow one Israeli bond issue, mirrored as Digital Notes on Canton, from invitation to settlement. Choose who you are.

InvestorPrivate bank, ZurichBid in a sealed book. See your own position, and nothing else.Enter as investor IssuerThe Israeli company raising debtWatch global demand fill your book, then receive the funds.Enter as issuer ITSThe system that runs the bookInvite, allocate and settle, each step in one transaction.Enter as ITS

Deal flow

Watch one deal, end to end.

Thirty seconds, five steps, seven parties. Switch the view to see exactly what each party can see.

Play the deal flow

Bookbuild Beta

Real Israeli issues. Your own seat.

Invited investors, underwriters and issuers work four historical Israeli debt issues in a private, simulated book. Each seat sees only what it is allowed to see.

Sign in with your invite

Five steps. One ledger.

Every step is a transaction on Canton. Each party's node receives only the records it is a party to.

  1. 01Open the bookITS and the issuer open a private book.
  2. 02InviteOnly eligible investors get an invitation.
  3. 03BidSealed bids, each backed by locked cash.
  4. 04AllocateLowest yields fill first, at one clearing yield.
  5. 05SettleCash and Notes move together, or not at all.

Simulated demonstration. Indicative figures. Not an offer or solicitation. The rules mirror the ITS Bookbuild Daml contracts, tested end to end on a Canton sandbox.