The Hong Kong Mortgage Corporation HKMC has issued its third social bond issuance of around HK$23.8 billion $3 billion.
The issuance, on October 9, is the largest social bond issuance in Asia Pacific, breaking the record set by the HKMC in September 2023 when it launched its second social bonds of close to HK$20 billion.
The triple-currency social bond issuance with four tranches comprises HK$7 billion 2-year, HK$8 billion five-year, CNH2 billion seven-year and $850 million three-year social bonds.
The HKMC said that the issuance was well received by local and overseas institutional investors including banks, investment funds,...