issued by the central government RMB 3 billion government bonds Macau this morning.
Lei Wai Nong, Minister of Economy and Finance, said the bond issuance marks “a new level of infrastructure standards and capabilities for Macau’s bond market”, which will: Development of the local bond marketreported by TDM.
Mr. Lay attended the launching ceremony with CEO Ho Yat Seng. In addition, he is the director of the Liaison Office of the Central People’s Government of the Macao Special Administrative Region, Zheng Xincong, Liu Xianfa, a member of the Ministry of Foreign Affairs of the People’s Republic of China in the Macau Special Administrative Region, and Wang Kebing, the Finance Department of the Ministry of Finance.
With the central government’s “strong support for Macau’s modern financial industry,” Macau’s “bond market has expanded steadily and the variety of bonds has gradually expanded,” Lei said.
The local government also hopes that mainland China’s Ministry of Finance will issue government bonds in Macau “regularly” in the future, creating a more attractive bond market, the Macau Daily News reported.
Mr. Wang said: government directives.
According to Lin Jingzhen, Deputy Governor of the Bank of China, the sole global coordinator of Macau’s renminbi bond issuance, as of 11:00 am, Macau’s renminbi bond issuance has reached an order scale of over 5 billion yuan. was
In July 2019, mainland China issued its first RMB-denominated offshore government bond in Macau. 2 billion yuanand in 2021, the Guangdong provincial government will issue RMB 2.2 billion local government bonds in Macau.
Since the local bond market was established in Macau, a total of 132 bonds valued at over MOP344 billion have been issued or listed as of last month. In 2018, the Macau Daily News reported.
