Crédit Agricole CIB supports the largest digital bond issuance globally by Hong Kong Mortgage Corporation

• The largest digital bond issuance globally to date
• The first public sector entity in Hong Kong to issue digital bonds
• The 5-year HKD tranche represents the longest tenor for an HKD-denominated digital bond

This issuance was well received by a diverse group of high-quality institutional investors, including local, Southbound Bond Connect and international institutional investors, spanning multilateral development bank, central bank, banks, private banks, insurance and asset management companies. 

This digital bond offering marks a significant milestone on the Hong Kong Mortgage Corporation’s digital finance journey. The bonds were issued in digitally native format for greater operational efficiency, providing investors the option to access via the existing CMU infrastructure and linkage to Euroclear and Clearstream for clearing and settlement.  

The Hong Kong Mortgage Corporation Limited is wholly owned by the Hong Kong SAR Government through The Exchange Fund, to promote stability of the banking sector, wider home ownership, development of the local debt market and development of retirement planning market.