Brief
Central gov’t issues RMB6b sovereign bonds in Macau
The central government issued RMB6 billion in sovereign bonds in Macau yesterday, marking the fourth consecutive year of such issuances in the SAR. This is also the first RMB-denominated bond issued in Macau since the integration of bond market infrastructure between Hong Kong and Macau. Analysts said the record-high issuance and optimized maturity structure will help strengthen a regular issuance mechanism and enhance the city’s bond market infrastructure.
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