The Hong Kong government announced on 16 February that it had successfully issued the world’s first government-issued tokenized green bond worth HK$800 million under the Government Green Bond Programme (GGBP). The yield of the one-year Hong Kong dollar-denominated tokenized green bond is 4.05% and it is cleared and settled through the Central Moneymarkets Unit (CMU) of the Hong Kong Monetary Authority (HKMA). Hong Kong’s Financial Secretary Paul Chan said the successful offering of the bond marked an important milestone as it demonstrated Hong Kong’s strengths in combining the bond market, green and sustainable finance as well as fintech.