News Snapshot:
Hong Kong’s government has raised US$3 billion (US$1.47 billion) through a sale of green bonds, pricing a tranche of them in euros for the first time as it builds a multicurrency portfolio of financial instruments to hone the city’s role as Asia’s hub for sustainable finance. The entire offering of eurobonds and dollar-denominated debt was triple the size of first US$1 billion green bond sold in 2019 and outpaced the US$2.5 billion of 30-year green bond priced in January. The 20-year tranche of the latest offering was the longest euro-denominated green bond issued by an Asian government, according to the...
