The Hong Kong Special Administrative Region (HKSAR) government has successfully offered green bonds worth about 6 billion U.S. dollars, attracting a wide spectrum of investors with close to 30 billion U.S. dollars equivalent in orders.
The bonds are denominated in the U.S. dollar, euro and RMB. In particular, the renminbi tranches were expanded from a combined 10 billion yuan (about 1.4 billion U.S. dollars) from the January 2023 issuance to 15 billion yuan (about 2.1 billion U.S. dollars) this time, with the additional issuance of a new 10-year RMB tranche.
The green bonds have been assigned credit ratings of AA+ by S&P Global Ratings and AA- by Fitch, according to the Hong Kong Monetary Authority.—Xinhua
