Hong Kong mortgage security company successfully issued a total of HK$25.3 billion in multi-currency public benchmark bonds.

On November 25, a Hong Kong mortgage securities company announced the successful issuance of a total of HK$25.3 billion (or equivalent to US$3.3 billion) in multiple-currency public benchmark bonds under its US$30 billion medium-term bond issuance plan. The multiple-currency benchmark bonds issued this time include four tranches of 2-year HK$10 billion, 3-year RMB 5 billion, and 5-year USD 1 billion traditional bonds, as well as a 30-year HK$2 billion social responsibility bond. This issuance marks the largest public bond issuance in the history of the Hong Kong mortgage securities company, surpassing the record set in October 2024 when the third batch of social responsibility bonds worth HK$23.8 billion was issued. The issuance was warmly welcomed by diversified local, southbound bond connect, and international institutional investors in Hong Kong, including multilateral development banks, Hong Kong government-related funds, banks, insurance companies, trillions of MPF and retirement funds, asset management companies, and private banks. The total subscription amount during the peak of the bond issuance was about HK$80 billion, ultimately distributed to around 250 institutional investors. Furthermore, the 30-year HK$2 billion social responsibility bond issued this time is not only the largest 30-year HK$ bond issuance in Hong Kong's history but also the first in the Asia-Pacific region to support a reverse mortgage scheme for Hong Kong seniors by providing necessary financing through social responsibility bonds. The reverse mortgage scheme is one of the "HKMC Retirement 3 Treasures," aiming to provide retirement planning solutions for senior homeowners to release the value of their properties, generate additional cash flow for medical and other living needs. As of the end of October 2025, the Hong Kong Mortgage Corporation has received 8,776 applications under the reverse mortgage scheme, with an average property valuation of about HK$5.5 million and an average monthly annuity of about HK$15,900. The average age of borrowers is 69 years old. Li Da-zhi, Deputy Chief Executive Officer and Executive Director of the Mortgage Securities Company, said, "This milestone multiple-currency bond issuance further consolidates Hong Kong's position as Asia's leading international bond issuance center and the premier offshore renminbi business center. This bond issuance, with various currencies and different tenors, further highlights the role of the Mortgage Securities Company in promoting the development of the public bond market and providing opportunities for other bond issuers to connect with Hong Kong, Mainland China, and overseas institutional investors." Baukun, Executive Director and President of the Mortgage Securities Company, said, "This record-breaking bond issuance has proven to be highly effective in attracting new investors to the Hong Kong capital market and reaffirms investors' strong confidence in Hong Kong and the Mortgage Securities Company. Furthermore, this historic first social responsibility bond supporting reverse mortgage loans not only promotes sustainable financing for seniors and inclusive finance but also contributes to the development of the retirement planning market and silver economy in Hong Kong."