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Fitch Assigns HK Proposed Digital Bond Issuance 'AA-' Rating
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Fitch Ratings has assigned Hong Kong's proposed USD, EUR, RMB and HKD digital bonds a 'AA-' rating. A blockchain-underpinned technological platform is involved in relation to the issuance of the bonds.

The bonds will be issued under the Hong Kong government's global medium-term note programme. Proceeds from the bonds will be used to finance eligible projects under the issuer's Green Bond Framework.

The rating is in line with Hong Kong's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs).
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