The Urban Renewal Authority (URA) is a statutory body established in 2001 and based in Hong Kong, dedicated to urban regeneration and redevelopment projects. Its primary purpose is to revitalize underdeveloped areas and enhance the urban environment through sustainable development initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| URBREN 3.85% 2026-01-27 HKDUrban Renewal Authority | Hong Kong | 2026-01-27 | 3.850 | 3.64 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since 2005, URA has been active in the bond market, issuing its first bonds to finance redevelopment projects. In 2020, the Authority launched a significant issuance of HKD 5 billion green bonds aimed at sustainable urban development, which attracted substantial investor interest due to its competitive yields, averaging around 2.5% against the industry rate of 3.0%. The URA’s green bonds feature a commitment to transparency and use of proceeds, aligning with global sustainability standards, reinforcing its dedication to eco-friendly urban regeneration.