Hong Kong's proposed green and infrastructure bonds have received an AA- rating from Fitch Ratings, according to a Monday release.
Hong Kong will channel the bond proceeds to qualified projects under its green and infrastructure bond frameworks.
The bonds' rating is similar to Hong Kong's long-term foreign currency and local currency issuer default ratings.
Notable changes in Hong Kong's fiscal performance or growth trend could lead to changes in its issuer default ratings, Fitch said.
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