Capital markets News

Hong Kong’s US$756m digital green bond is largest so far

hong kong digital green bonds

Yesterday the Hong Kong Monetary Authority (HKMA) confirmed the issuance of the Hong Kong government’s second digital green bond. This one is natively digital compared to last year’s bond, which was tokenized from a conventional issuance. With an issuance amount equivalent to $756 million, this makes it comfortably the largest digital bond to date as well as the first multi currency one. The second largest was a CHF 375 million bond issued by UBS in 2022.

The tranches were as follows:

“We are confident that this issuance will further entrench the social awareness of sustainable development in combination with fintech and consolidate Hong Kong’s status as a leading green and sustainable finance hub,” said Mr Eddie Yue, CEO of HKMA.

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