The Hong Kong Special Administrative Region Government announced today (September 29) that it has successfully priced digital green bonds equivalent to approximately HK$20 billion, denominated in HKD, RMB, USD, and EUR. This issuance, priced on September 28, once again set a new record for the world's largest digital bond issuance. Subscription multiples for the four currencies ranged from 1.3 to 11.3 times, demonstrating strong market demand for Hong Kong's tokenized products.
This issuance, building on traditional settlement rails and the previously introduced tokenized central bank money option, for the first time integrated tokenized deposits (powered by EnsembleTX) into the settlement process for the HKD tranche. This makes it the world's first digital bond to integrate HKD tokenized deposits, aiming to foster a more integrated digital ecosystem and lay the groundwork for exploring the programmable features of digital currencies. Hong Kong Financial Secretary Paul Chan Mo-po stated that the government will continue to regularly issue tokenized bonds, expand the application scenarios of underlying technologies, and leverage FinTech to empower the development of the bond market.
The Hong Kong SAR Government has successfully issued its fourth batch of digital green bonds, raising HKD 20 billion, marking the world's largest digital bond issuance.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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