As of the end of March this year, the Hong Kong government has issued approximately HK$105.2 billion worth of infrastructure bonds.

On December 12th, the Hong Kong government released the "Infrastructure Bond Report 2025", detailing the allocation of funds from the issuance of infrastructure bonds (Bonds). Since the establishment of the Bonds plan, as of March 31st of this year, the Hong Kong government has issued approximately HK$105.2 billion equivalent of infrastructure bonds to efficiently utilize market funds to support infrastructure projects and promote the development of the bond market. The Financial Secretary and Treasury Secretary of Hong Kong, Paul Chan, stated that the "Infrastructure Bond Report 2025" elaborates on the allocation of funds raised through the Bonds plan. The funds raised are deposited into the Capital Works Reserve Fund to promote infrastructure projects, such as accelerating the development of the Northern Metropolitan area, allowing economically beneficial projects to be completed sooner, and enhancing Hong Kong's competitiveness. The Bonds also provide citizens with a safe and reliable investment option with stable returns, giving them a greater sense of "participation" and "benefit" in contributing to the long-term development of Hong Kong infrastructure projects. All funds raised through the Infrastructure Bonds by the Hong Kong government have been fully allocated or reserved for infrastructure projects, including ten key development projects in the Northern Metropolitan area, such as the Lok Ma Chau Loop (including Heung Yuen Wai Area), North Ngau Tau Kok / Ping Che North Development Area, Hung Shui Kiu / Ha Tsuen Development Area, and Yuen Long South Development Area.