UK-based multinational bank Standard Chartered announced that it has issued a Green Wonton Bond, its first-ever Hong Kong Dollar bond, raising HKD$2 billion (USD$255 million) to finance projects including renewable energy and green buildings primarily in Asia.
The Wonton Bond market is the market for HKD-denominated bonds issued by foreign entities, such as supranationals, sovereigns, agencies, or corporations in Hong Kong.
The new transaction follows the first-ever public green bond offering on the Wonton Bond market, a HKD$6 billion (USD$750 million) issuance earlier this month by International Finance Corporation (IFC), and marks the first to be issued by a Financial Institutions Group (FIG).
The new offering also marks Standard Chartered’s sixth sustainable finance issuance, including its first-ever green bond in January 2026, and also represents the bank’s largest HKD bond issuance to date.
According to Standard Chartered, proceeds from the new offering will be used to help finance projects including renewable energy, green buildings and circular economy solutions primarily across Asia, contributing to cleaner electricity grids, more efficient commercial real estate and reduced pollution, in line with the bank’s Sustainability Bond Framework. The proceeds raised from the issuance will reference Standard Chartered’s Sustainable Finance asset pool, which includes $17 billion in green assets – with more than 62% located in Asia, Africa and the Middle East, the company said.
Standard Chartered noted strong demand for the new green bonds, with the offering drawing an order book of more than HKD3.8 billion (USD$485 million), surpassing the previous record for the bank.
Mary Huen, CEO, Hong Kong and Greater China & North Asia at Standard Chartered said:
“Our inaugural Green Wonton Bond marks an important milestone for Standard Chartered as we continue to expand our sustainable finance capabilities and connect clients and investors to high-quality green assets. The strong demand we have seen also highlights the growing appeal of HKD-denominated assets and reinforces Hong Kong’s role as a super-connector for capital into the region.”
