Hong Kong is launching the third batch of multi-coin digital green bonds, using HSBC's Distributed Ledger platform.

According to Mars Finance and Bloomberg reports, the Hong Kong government is marketing a new batch of “digitally native” green bonds, covering USD, HKD, EUR, and offshore RMB (CNH), intending to record and settle through the HSBC Distributed Ledger platform, rated AA+ by S&P. The proposed issuance specifications include: USD two-year T3+3, EUR four-year MS+23, CNH five-year coupon 1.9%, HKD two-year coupon 2.5, all with a scale of Benchmark; if successful, it will be the third such issuance since 2023. Additionally, statistics indicate that this year several enterprises in Hong Kong have issued digital bonds, totaling approximately 1 billion USD.