MTR Corp’s HK$18.8 billion green bond sale sets local currency record
Full Article
We use cookies to tailor your experience and present relevant ads. By clicking “Accept”, you agree that cookies can be placed per our Privacy Policy
ACCEPT
Hong Kong Economy
MTR Corp’s HK$18.8 billion green bond sale sets local currency record
Hong Kong economy
Hong KongHong Kong Economy
MTR Corp’s HK$18.8 billion green bond sale sets local currency record
Retail investors can buy bonds through platforms or institutional investors such as Mandatory Provident Fund schemes, private banks or funds
3-MIN READ
0
Listen
Lam Ka-sing
Published: 1:19pm, 22 Apr 2026Updated: 7:38pm, 22 Apr 2026
The MTR Corporation has sold HK$18.8 billion (US$2.4 billion) in green bonds, setting a Hong Kong dollar-denominated issuance record and marking its first publicly offered bond in the local currency market, as it seeks to diversify funding for a raft of projects.
The rail giant said on Wednesday that it sold five-, 10- and 30-year bonds, with the size of each tranche also representing the largest for their respective tenors to date.
Together with its inaugural Australian dollar-denominated green bonds, which raised A$2 billion (HK$11.22 billion) in January, the two fundraising exercises have raised HK$30 billion so far this year.
In the latest offering, retail investors can buy the bonds through platforms or products of institutional investors such as the Mandatory Provident Fund schemes, private banking channels or bond funds.
The overall order book for the issue exceeded HK$60 billion, or three times the total issue size, reflecting strong demand, the semi-privatised corporation said.
The more than HK$8.3 billion five-year, HK$7.5 billion 10-year and HK$3 billion 30-year tranches were priced with coupons of 2.88, 3.30 and 4.00 per cent respectively, the corporation said.