Deep Tide TechFlow News, April 9, According to Bloomberg, Hong Kong Mortgage Corporation Limited plans to issue digital bonds for the first time, raising up to HKD 12 billion (USD 1.5 billion), potentially becoming the largest such bond issuance in history worldwide. Hong Kong Mortgage Corporation is a financial services provider owned by the Hong Kong government, with total assets of approximately HKD 221.8 billion.



Sources familiar with the matter revealed that Hong Kong Mortgage Corporation is expected to begin marketing multi-currency digital bonds denominated in Hong Kong dollars and offshore RMB as early as next month. Using blockchain technology in the issuance, trading, and settlement processes for this debt instrument not only shortens settlement times and reduces costs but also accelerates scalability.
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