Hong Kong launches the third batch of multi-currency digital green bonds using HSBC's distributed ledger platform

ChainCatcher news, according to Bloomberg, the Hong Kong government is marketing a new batch of "digitally native" green bonds, covering USD, HKD, EUR, and offshore RMB (CNH). The bonds are planned to be recorded and settled through a certain exchange's distributed ledger platform and have been rated AA+ by S&P.

The planned issuance specifications include: USD two-year term T3+3, EUR four-year term MS+23, CNH five-year term with a coupon rate of 1.9%, and HKD two-year term with a coupon rate of 2.5%, all at benchmark size. If successful, this will be the third such issuance since 2023. In addition, statistics show that several companies in Hong Kong have issued digital bonds this year, totaling approximately 1 billion USD.