Hong Kong will issue its third blockchain-based green bonds.

Hong Kong Takes a Step Forward with New Digital Green Bonds

Hong Kong is preparing to issue a new series of government-backed digital green bonds, expressed in multiple currencies. These bonds represent the third digital bond sale conducted by Hong Kong since 2023. Furthermore, they are part of the city's objective to become a global leader in tokenized assets.

The bonds' rating of AA+ by S&P could increase the shift towards blockchain-based debt demands. Indeed, it is reported that companies in Hong Kong that have previously issued at least six tokenized bonds have raised over 1 billion dollars in total.