HKSAR Government’s Institutional Green Bonds and Infrastructure Bonds Offering

On June 4, 2025, the Hong Kong Special Administrative Region (HKSAR) Government announced the successful pricing of approximately HK$27 billion in green and infrastructure bonds, part of its Sustainable Bond and Infrastructure Bond Programs. The offerings included various tranches in HKD, RMB, USD, and EUR, attracting significant interest from global investors with total orders reaching around HK$237 billion, resulting in a subscription ratio of 3.3 to 12.5 times. Notably, this included the first issuance of a 30-year HKD bond, the longest tenor of its kind by the HKSAR Government. Proceeds will fund eligible green and infrastructure projects, promoting sustainable development in Hong Kong. The bonds are slated for settlement on June 10, 2025, and are rated AA+ by S&P and AA- by Fitch. Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/06/20250604-5/