The Hong Kong SAR government is preparing for the third issuance of digital bonds.

Foresight News reported, citing Guandian, that the Hong Kong SAR government has mandated banks to prepare for a potential digital bond issuance. If this issuance proceeds, it will be the third time the Hong Kong government has issued digital bonds. In 2023, under the government green bond program, the SAR government successfully issued HKD 800 million in tokenized green bonds, making it one of the world’s first government-issued tokenized green bonds. Subsequently, in 2024, it issued the world’s first multi-currency digital green bonds, involving approximately HKD 6 billion.