Photo from HKEX

Government’s retail green bond receives over 300,000 valid applications

It also attracted a subscription amount of $30b.

Government’s retail green bonds received 321,018 valid applications and recorded a subscription amount of $30b.

The government, however, will only issue $20b in bonds on 10 October. The government will also list the bonds on the Hong Kong Stock Exchange the next day.

Meanwhile, the government said the 184,021 applications seeking eight or fewer units will be allocated in full.
 
The other 136,997 applicants seeking more than eight units will also be allocated eight units each, with 4,187 being allocated one additional unit after a ballot.
 

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