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

According to Bloomberg, the Hong Kong government is marketing a new batch of "digital native" green bonds, covering USD, HKD, EUR, and offshore RMB (CNH), intending to record and settle through HSBC's distributed ledger platform, rated AA+ by S&P.

The proposed issuance specifications include: USD two-year T3+3, EUR four-year MS+23, CNH five-year coupon 1.9%, HKD two-year coupon 2.5, with a scale of Benchmark; if successful, this will be the third such issuance since 2023. Additionally, statistics show that this year, several companies in Hong Kong have issued digital bonds, totaling approximately 1 billion USD.