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

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

In 2023, the Hong Kong SAR government successfully issued HKD 800 million in tokenized green bonds under the government green bond program, making it one of the world's first tokenized green bonds issued by a government. Subsequently, in 2024, it will issue the world's first multi-currency digital green bonds, involving approximately HKD 6 billion.