The financial affiliate of Hyundai Motor Group has become the first Korean credit-specialised firm to issue the instrument in both US dollars and renminbi; the issuance is structured as a green bond.
The Hong Kong-based banker was most recently the bank's head of technology and communications corporate banking for Japan, Asia North and Australia, and Asia South.
The Bank of Japan raised its policy rate to the highest level since 1995 and and said it will stop paring back its bond purchases from April 2027, amid rising energy costs and firming inflation expectations. The US Fed has held rates steady at the new chair’s first meeting.
The framework will support IDR-CNH settlement between Indonesia and Hong Kong, alongside moves to enhance Indonesia-China QR payment connectivity and CIPS access.
HKMC’s inaugural public digital bond is the largest digital bond issuance globally to date and the first from a public-sector entity in Hong Kong. The proceeds will be used to help support liquidity in Hong Kong's housing sector.
Jun 12, 2026
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The 21-member group will advise on expanding bond tokenisation beyond a series of government pilots, as Hong Kong accelerates its digital financial development.
The Central Bank of Sri Lanka said the decision to raise its interest rate to 8.75% is aimed at curbing inflation risks, as the Iran war keeps global oil prices elevated; the bank is also trying to increase US dollar liquidity to curb currency depreciation.