Hong Kong has announced the launch of its third batch of multi-currency digital green bonds, utilizing HSBC's distributed ledger platform. The issuance includes bonds in USD, HKD, EUR, and offshore RMB (CNH), all rated AA+ by S&P. The bonds feature a USD 2-year T3+3, EUR 4-year MS+23, CNH 5-year coupon of 1.90%, and HKD 2-year coupon of 2.50%, each at benchmark sizes. This marks the third issuance of such bonds since 2023, reflecting Hong Kong's ongoing commitment to digital finance and sustainability. The city has seen approximately US$1 billion in digital bonds issued by various companies this year, highlighting a growing trend in the adoption of blockchain technology for financial instruments.