Hong Kong’s latest retail green bond offering receives ‘positive’ response in low interest rate environment

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Hong Kong’s latest retail green bond offering receives ‘positive’ response in low interest rate environment - SCMP

Quick Summary:

Hong Kong’s latest offering of retail green bonds logged a strong response when it opened for subscriptions on Monday, banks managing the issue say.

The new notes, as well as other financing instruments launched under the government’s green bond programme, aim to enhance the government’s sustainable investment offerings and promote green finance.

Green bonds are fixed-income financial products designed to fund projects that are environmentally friendly.