Deal Analysis: Hong Kong’s HK$6bn digital green bond offering

Last month on February 7, the government of the Hong Kong Special Administrative Region SAR announced the successful issuance of  a multi-currency, digitally native bond, equivalent to HK$6 billion $766.8 million.

The two-year notes were trailed as the first digitally native bond issuance in the SAR, as well as the first multi-currency digital bond issuance in the world, denominated in four currencies including Hong Kong dollar HK$, offshore Chinese yuan CNH, US dollar $ and euro .

Detailed pricing information is as follows

• HK$2 billion $255.6 million tranche at 3.8%
• ...