The Macao monetary authority may assign international securities identification codes to bonds issued in Macao

2022-01-19

The reporter learned from the monetary authority of the Macao SAR Government on the 18th that in order to cooperate with the development of Macao's bond market and facilitate the acquisition of international securities identification codes for bonds issued in Macao, the HKMA has joined the National Association of coding institutions and completed the docking of coding systems. From now on, it can allocate international securities identification codes for bonds issued in Macao to improve the efficiency of bond issuance. According to the HKMA, the international securities identification code is a code that identifies securities of various countries or regions. It is universal and allows investors to accurately and quickly identify a securities for trading and settlement. It is important information for securities trading and settlement. In the past, the international securities identification code of bonds issued in Macao was allocated by foreign agency coding institutions, which took a long time due to time difference and information communication. In order to facilitate bond issuance, the HKMA applied to join the National Association of coding institutions last year and built a relevant bond coding system. From now on, if the application materials are complete, the international securities identification code can be issued as soon as possible within 2 working days. The HKMA said it would continue to optimize the soft and hard infrastructure, create better development conditions for Macao's bond market, promote the development of Macao's modern financial industry and help Macao's economy to be moderately diversified. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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