Market News: The Hong Kong SAR government is preparing for the third issuance of digital bonds

According to ChainCatcher, the Hong Kong SAR government has commissioned banks to prepare for a potential digital bond issuance. If this issuance proceeds, it will be the third digital bond issuance by Hong Kong.

In 2023, under the Government Green Bond Programme, the Hong Kong SAR government successfully issued HKD 800 millions worth of tokenized green bonds, making it one of the world's first government-issued tokenized green bonds. Subsequently, in 2024, it issued the world's first multi-currency digital green bonds, involving approximately HKD 6 billions.