The Ministry of Finance successfully issued RMB 5 billion treasury bond in Macao SAR

2023-09-21

The Macao Monetary Authority announced on the 20th that the Ministry of Finance of China successfully issued RMB 5 billion treasury bond in the Macao Special Administrative Region on the same day, which is the third time that the Ministry of Finance has issued RMB treasury bond in Macao. According to the introduction of the Financial Authority, this treasury bond was issued to professional investors, with a total issuance scale of 5 billion yuan (RMB, the same below), and the five-year treasury bond was issued for the first time. Among them, the issuance amount of two-year treasury bond is 4 billion yuan, and the issuing interest rate is 2.4%; The issuance amount of five-year treasury bond is 1 billion yuan, and the issuing interest rate is 2.68%. Bank of China Macau Branch, as the joint global coordinator of this issue, said that this issue of treasury bond is the largest single issue in the Macao market, and the market capacity has achieved a new breakthrough. This issuance has received widespread attention from both domestic and foreign markets, with a maximum subscription size of over 10 billion yuan and a subscription multiple of over 2 times. In terms of investor types, it has attracted active participation from various institutions including monetary authorities, commercial banks, investment banks, investment funds, etc; In terms of regional distribution, there are investors from Southeast Asian countries, Portuguese speaking countries, Hong Kong and Macao, as well as mainland investors who have entered the Macao bond market through the Bond Connect "southbound link" for the first time. It is reported that up to now, the Ministry of Finance has issued treasury bond in Macao with a cumulative scale of 10 billion yuan. The scale of a single issue has steadily increased and the term structure has become increasingly rich. This is the third time that the Ministry of Finance has issued RMB treasury bond in Macao, which reflects the support and affirmation of the central government for Macao's "1+4" moderately diversified development strategy, and has a significant role in promoting Macao's further improvement of the level of financial infrastructure construction, enhancing Macao's international influence in the bond market, and enriching the types of investors and investment channels. (New News Agency)

Edit:Hu Sen Ming    Responsible editor:Li Xi

Source:ecns.cn

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