The Hong Kong government has issued 800 million HKD ($102m) in tokenised green bonds as part of its Green Bond Programme.

The programme is part of a government initiative designed to promote sustainability within the city’s finance and bond markets.

The bonds were underwritten by four banks and priced at a yield of 4.05%.

According to the announcement, the platform used Goldman Sachs’ tokenisation protocol, GS DAP, for the bond.

GS DAP uses a...