PANews reported on April 8th that, according to Bloomberg, Hong Kong Mortgage Corp., a wholly-owned financial institution of the Hong Kong government, is considering issuing its first digital bond, aiming to raise approximately HK$10 billion to HK$12 billion. If the maximum amount is reached, it would become the world's largest digital bond issuance. The multi-tranche bonds are planned to be denominated in Hong Kong dollars and offshore yuan, and could be offered to the market as early as next month. Specific terms are still under negotiation. The report points out that this move aligns with Hong Kong's policy direction of promoting the normalization of digital asset and tokenized bond issuance. The digital bonds will utilize blockchain technology for issuance, trading, and settlement, thereby shortening settlement cycles and reducing operating costs.