HKSAR Government welcomes Ministry of Finance's inaugural issuance of Renminbi sovereign green bonds in Hong Kong
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The offshore RMB green bonds issued on this occasion, with tenors of three years and five years, were warmly received by the market, with total subscriptions amounting to RMB62.4 billion - 10.4 times the issue size. Specifically, the three-year bonds were oversubscribed by 9.8 times, while the five-year bonds were oversubscribed by 11 times. All proceeds raised from the bond issuance will be applied to eligible green expenditures under the central fiscal budget in accordance with the People's Republic of China Sovereign Green Bond Framework.
The Financial Secretary, Mr Paul Chan, said, "This sovereign green bond issuance is of distinctive significance. It marks the Central Government's first issuance of RMB-denominated sovereign green bonds in Hong Kong, and underscores the important role of Hong Kong's 'Finance+' development strategy in harnessing the power of finance to support and contribute to the country's high-quality development.
"This issuance will further enhance the yield curve for Hong Kong's offshore RMB bond market, provide a new investment benchmark for international capital, and attract more cross-boundary RMB financing and trading activities to Hong Kong. It will also support the efficient matching of global capital with the country's high-quality green projects. By giving strong impetus to the green transition while delivering reasonable returns for investors, the issuance will help attract more long-term capital into the green sector and promote sustainable development."
Ends/Friday, May 29, 2026
Issued at HKT 15:30
Issued at HKT 15:30
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