Hong Kong began to promote multi -currency offshore green bonds on Wednesday (January 4), and added a global borrower to use the market recovery machine to carry out bond issuance transactions.
According to Bloomberg, people familiar with the matter revealed that Hong Kong will issue four benchmark US dollar bonds with four periods.They said that Hong Kong is also promoting the two -year and five -year offshore RMB green bonds.The Hong Kong government also appointed banks to promote euro bonds earlier on Wednesday.
The first week of January became a busy week of global issuers, and they used the opportunity to narrow the spread to reduce financing costs.For the offshore issuer in Asia, the depreciation of the US dollar is not good.
With the Fed's interest rate hike, the fixed income market was hit hard last year, and the issuer had to wait and see.However, the market picked up at the end of 2022, and the spread of the US dollar pricing bonds in Asia in Asia is currently the narrowest since September last year.
