According to Odaily Planet Daily, Hong Kong Monetary Authority Assistant Director (External Affairs) Hui Wai-chi revealed that the Hong Kong SAR government has issued approximately HK$386 billion in bonds denominated in RMB, Hong Kong dollars, euros, and US dollars since 2019 through the Government Sustainable Bond Program and the Infrastructure Bond Program. Two batches of tokenized green bonds were successfully issued in February 2023 and February 2024, with scales of US$100 million and US$750 million, respectively. The third batch of tokenized bonds, which the Hong Kong Monetary Authority is assisting the Hong Kong government in issuing, will not only tokenize the asset side but also consider tokenizing the funding side. Given that central bank digital currencies (CBDCs) are the earliest and most mature form of tokenization in Hong Kong, the funding side of these tokenized bonds may be connected to CBDC subscriptions. (Caixin.com)