Photo from Unsplash

Gov’t issues $6b digital green bonds

The two-year bonds are under the Green Bond Programme.

The government issued $6b worth of digital green bonds denominated in HK dollars, renminbi, US dollars and euro under the Green Bond Programme.

The government said the two-year bonds attracted subscriptions from institutional investors globally, including financial institutions (FI) and non-FI corporates.

Financial Secretary Paul Chan said the issuance of digital green bonds this year demonstrates Hong Kong's strengths and leadership position in combining the bond market, green and sustainable finance as well as fintech.

“We will continue to promote innovation and the application of fintech, explore the use of new technologies to enhance the efficiency, transparency and security of financial transactions, and foster vibrant development in various sectors of the financial market.” FS Chan said,
 

Follow the link for more news on

Join Hong Kong Business community