The Hong Kong government plans to issue multi-currency digital bonds worth up to 20 billion Hong Kong dollars

According to informed sources, the Hong Kong government plans to raise HKD 15 billion to 20 billion (USD 1.9 billion to 2.6 billion) by issuing multi-currency digital green bonds, which will be the largest transaction of its kind globally.

The sources said that these bonds will be denominated in US dollars, Hong Kong dollars, euros, and offshore renminbi, with pricing potentially as early as next Monday. Due to the involvement of undisclosed information, the sources requested anonymity. The Hong Kong government has commissioned several banks to arrange a series of fixed income investor meetings this week.