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The HKSAR Government today announced the successful offering of HK$800 million of tokenised1 green bond under the Government Green Bond Programme (GGBP).
The Hong Kong government is looking to raise US$102 million through the pilot issuance of its digital green bonds, according to a Monday report from Bloomberg.
Hong Kong’s Financial Secretary Chen Maobo said that the government would issue tokenized green bonds for institutional investors. It is also working on some aspects of a regulatory framework.