Hong Kong Prepares for Third Digital Bond Issuance in 2025

The Hong Kong SAR Government plans its third digital bond issuance, leveraging blockchain for public finance as it sees record advances in tokenized green bonds since 2023.

This move continues Hong Kong’s leadership in blockchain financial innovation, enhancing its competitive stance in global financial markets alongside cities like Singapore and London.

Digital Bonds to Strengthen Hong Kong’s Financial Leadership

The government’s previous bond issuances raised HK$800 million in 2023 and HK$6 billion in 2024 using platforms like Orion and GS DAP. Integrating Central Securities Depository functions into blockchain solutions aims to enhance efficiency. Such initiatives position Hong Kong as a leading innovator in tokenized finance.

“Tender for the re-opening of 5-year HKD HKSAR Institutional Government Bonds to be held on Wednesday, 13 August 2025.” – Hong Kong Monetary Authority

“Tender for the re-opening of 5-year HKD HKSAR Institutional Government Bonds to be held on Wednesday, 13 August 2025.” – Hong Kong Monetary Authority

Market Data and Insights

Did you know? Hong Kong’s 2023 issuance was a first in government tokenized green bonds globally, setting standards for blockchain-based finance.

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Insights from Coincu research team suggest that the continued integration of blockchain with public sector finance could bolster Hong Kong’s financial ecosystem. Historical trends underline that such innovative moves can pave the way for broader acceptance of digital assets in governmental applications.