Updated: Green market blossoms as Hong Kong raises $1bn

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By Morgan Davis
22 May 2019

Hong Kong scored with a $1bn debut green bond this week, after investors poured more than $4bn into the transaction’s final order book. The deal was a strategic attempt by the government to encourage the development of green financing in the city, but the impact remains to be seen. Morgan Davis reports.

Only a handful of sovereigns have sold green bonds, making Hong Kong’s debt sale particularly noteworthy. But Tuesday was a strong day for the sector, as Hong Kong’s transaction was out at the same time as the Netherlands’ debut green bond. The latter raised €21.2bn, with 28.5% of ...

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