Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 16, 2021

Hong Kong Hires Banks for Sale of Green Bonds in Euros, Dollars

Hong Kong is considering an offering of green bonds denominated in euros and dollars, a person familiar with the matter said. 

The Government of the Hong Kong Special Administrative Region of the People's Republic of China hired banks to arrange a series of investor calls from Monday, according to the person, who asked not to be identified because the details are private. 

The potential offering follows Hong Kong's maiden green dollar bond deal in May 2019, when it sold a $1 billion five-year note. It has issued green securities again since. The financial hub has taken initiatives in recent years to foster its local green bond market with an aim of developing the city into a leading international hub for green financing.

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search