Business
Hong Kong issues new digital green bond in euros
Reported by Kunal Bhatia (Senior Writer) · Economic Times - Markets ·
Reported by one source so far
Representative image · PexelsThe Hong Kong government is launching a new four-year euro-denominated green bond using a digital format. Initial pricing guidance is set at 11 basis points above mid-swaps. Settlement for the bond takes place on Tuesday. The money collected from this sale will go toward eco-friendly projects under Hong Kong's Green Bond Framework. ## Context This sale shows how financial markets are moving more toward digital bond systems. Green bonds help fund projects that aim to protect the environment and support sustainable development goals.
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