The Hong Kong Government last week successfully priced a HK$800 million $102 million tokenised green bond offering that marked a first not just for the territory, but for government bonds globally.
“This is something that the Hong Kong government has been trying to promote for a number of years, and this tokenised bond further demonstrates its commitment to digital assets, in combination with a focus on sustainable finance,” Gloria Cheung, Hong Kong-based capital markets partner at Linklaters, told FinanceAsia.
The one-year security was priced at a yield of 4.05%. Bank of China’s Hong Kong branch, Crédit Agricole CIB, Goldman Sachs and HSBC acted...