Hong Kong Mortgage Service Provider Considers Issuing World's Largest Digital Bond

BlockBeats News, April 9th, according to Bloomberg, Hong Kong mortgage firms are considering raising up to HK$12 billion (approximately US$1.5 billion) through their inaugural digital bond offering, in what could be the world's largest such deal, people familiar with the matter said.

The company is considering launching multiple tranches of bonds as soon as next month, according to the people, with the issuance size expected to be between HK$10 billion and HK$12 billion. Terms are still being discussed and could change, the people said.