Proceeds from HKMC’s largest public bond offering will be used to help Hong Kong's elderly unlock the value of properties for livelihood needs and boost the silver economy.
Hong Kong’s financial secretary Paul Chan described the government's issuance of a third digital green bond as "reflecting the market support for tokenised products". The many times oversubscribed issuance had a large range of global investors.
The funds were raised to further support the firm’s cleaner energy supply to remote mining sites across Australia; this is the first debt fundraising from Octa Group.
The Australian iron ore giant is looking to decarbonise from proceeds raised by the transaction; the landmark deal comes as the US steps back from green investing.
The seventh issuance, listed on SGX, aims to continue leveraging blended finance to develop gender-lens investments across Asia; a second tranche in the pipeline could make it the largest in the WLB series.