Hong Kong mortgage-backed securities plan to use blockchain technology to issue the world's largest digital bond, raising up to HKD 12 billion.

2026-04-08 15:43:18

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ME News, news message, April 8 (UTC+8). Hong Kong Mortgage Corp., a financial institution wholly owned by the Hong Kong government, is considering issuing its first digital bond. It plans to raise about HK$10 billion to HK$12 billion; if calculated at the upper limit, it would become the largest digital bond issuance in the world. This multi-tranche bond is intended to be denominated in Hong Kong dollars and offshore renminbi. It is expected to be marketed to the market as early as next month, and the specific terms are still being discussed. The report notes that this move aligns with Hong Kong’s policy direction to promote the normalization of digital asset and tokenized bond issuance. The relevant digital bonds will be issued, traded, and settled through a blockchain to shorten settlement cycles and reduce operating costs. (Source: PANews)

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