Hong Kong Extends Digital Bond Ambitions With Third Offering (2)

Hong Kong sold a new set of “digitally native” green bonds denominated in four currencies, intensifying the city’s drive to become a global hub for digital assets.

The government priced the equivalent of $1.3 billion of the notes in US dollars, Hong Kong dollars, euros and offshore yuan, according to people familiar with the matter who asked not to be identified discussing a private matter. It is Hong Kong’s third such sale since 2023.

Digital bonds are debt instruments that utilize blockchain technology for their issuance, trading and settlement. The notes can be issued through distributed ledger ...