The Daily Pulse

Business

Hong Kong issues new digital green bond in euros

Reported by Kunal Bhatia (Senior Writer) · Economic Times - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
Hong Kong issues new digital green bond in eurosRepresentative image · Pexels

The 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.

Read more at Economic Times - Markets →