The Hong Kong SAR government plans to connect the upcoming third batch of tokenized bonds with CBDC.

BlockBeats News, September 27, according to Caixin, Xu Huaizhi, Assistant Chief Executive (External) of the Hong Kong Monetary Authority, revealed that since 2019, the Hong Kong SAR government has issued a total of approximately HKD 386 billion worth of RMB, HKD, EUR, and USD bonds through the "Government Green Bond Programme" and the "Infrastructure Bond Programme." In February 2023 and February 2024, two batches of tokenized green bonds were successfully issued, with scales of USD 100 millions and USD 750 millions respectively. The third batch of tokenized bonds will not only tokenize the asset side, but also consider implementing tokenization on the funding side. Given that Hong Kong's development of funding-side tokenization started early and the most mature application is central bank digital currency (CBDC), the funding side of this batch of tokenized bonds may be connected to CBDC subscriptions.