HKGB RGB 2505 (04252.HK), the first batch of green retail bonds issued by the Hong Kong government, remained subdued throughout its debut day, amid the rising interest rates of major central banks around the globe. The bonds closed at $99.7, down $0.3 against its offer price of $100. A book loss of $30 was reported per board lot of 100 units.

A government spokesperson responded that the government will not comment on the second-hand trading performance of HKGB RGB 2505, stating the investors will decide whether to purchase the green retail bonds on the secondary market, based on the current market conditions, which include supply and demand, inflation, interest rates, as well as changes in personal investment preferences.