The issuance of tokenized green bonds is a significant development in Hong Kong’s green finance agenda, highlighting the city’s commitment to sustainability and promoting green investments. MIOTA USD 1 MIOTA 0.181162 Last updated 08:41AM UTC. Calculate the latest price of MIOTA in USD with our real-time converter. The bonds will also adhere to the International Capital Market Association’s Green Bond Principles, ensuring that they meet global standards for green finance. 0.177534 24H Range 0.184465 Convert IOTA to US Dollar (MIOTA to USD) The price of converting 1 IOTA (MIOTA) to USD is 0.181162 today. The proceeds from the tokenized green bonds will be used to finance environmentally-friendly projects such as renewable energy, energy efficiency, and green buildings. The use of blockchain technology will enable greater transparency and efficiency in the issuance and trading of bonds, reducing costs and improving accessibility for investors. All currencies are limited by their actual supply. Please note that we will calculate any amount of Ethereums in US Dollars no matter how big is the number you enter, but it will be just that - a calculated number.
The tokenized green bonds will be issued on the Ethereum blockchain, allowing investors to purchase, trade, and transfer the bonds through a decentralized platform. 103 ETH is worth 191,022.205354 USD as of J(Thursday). The bonds will have a tenor of five years and a coupon rate of 2.5%. The tokens, issued by the Hong Kong Monetary Authority (HKMA), were sold to institutional investors and were fully subscribed to within hours of their release.
The move is part of the government’s efforts to promote green financing and align the financial sector with environmental objectives, media reports said. Hong Kong has taken a significant step towards sustainable finance with the issuance of 800 million Hong Kong dollars ($103 million) in tokenized green bonds.
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