The Hong Kong SAR Government is planning to issue its third batch of tokenized bonds to align with CBDC.

BlockBeats News, September 27th, according to Caixin report, Eddie Yue, Assistant Chief Executive of the Hong Kong Monetary Authority (External), revealed that the Hong Kong SAR Government has issued a total of approximately HK$386 billion in RMB, HKD, EUR, and USD bonds through the "Government Bond Issuance Program" and "Infrastructure Bond Issuance Program" since 2019. In February 2023 and February 2024, two batches of tokenized green bonds were successfully issued, with sizes of $100 million and $750 million, respectively. The third batch of tokenized bonds will not only involve asset-side tokenization but also consider implementing fund-side tokenization. Given that Hong Kong's fund-side tokenization is more developed and mature, particularly in the form of Central Bank Digital Currency (CBDC), the fund-side of these tokenized bonds may have the possibility to subscribe using CBDC.