Hong Kong Mortgage Corp. Weighs First Digital Bond Sale of HK$10 Billion to HK$12 Billion

According to Bloomberg, Hong Kong Mortgage Corp. is considering a multi-tranche digital bond offering that could launch as early as next month and rank as the world’s largest such sale.

Summary

According to Bloomberg, Hong Kong Mortgage Corp. is considering raising HK$10 billion to HK$12 billion through its first digital bond issuance. The proposed deal would be structured as a multi-tranche sale and could begin as early as next month. Bloomberg also reported that the transaction may become the world’s largest digital bond offering if completed at the contemplated size.

Terms & Concepts
  • Digital bond: A bond issued using digital infrastructure, often with blockchain-based recordkeeping or settlement features.