Hong Kong Monetary Authority Assistant Chief Executive: The third batch of tokenized bonds by the Hong Kong government may be subscribed via CBDC

According to ChainCatcher, Xu Huaizhi, Assistant Chief Executive (External Affairs) of the Hong Kong Monetary Authority, disclosed data showing 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." Among these, two batches of tokenized green bonds have been successfully issued, with scales of USD 100 millions and USD 750 millions, respectively.

The third batch of tokenized bonds issued by the Hong Kong Monetary Authority on behalf of the Hong Kong government will not only involve asset-side tokenization, but also consider implementing tokenization on the funding side. Given that Hong Kong's funding-side tokenization is developing early and the most mature form is central bank digital currency (CBDC), it is possible that the funding side of this batch of tokenized bonds will be connected to CBDC subscriptions.