Group 1 - The issuance of RMB bonds in Macau on July 16 was highly successful, with a total subscription amount of 36.52 billion RMB, approximately 6.1 times the issuance scale [1] - The bonds included 30 billion RMB for 2-year maturity at an interest rate of 1.43%, 20 billion RMB for 5-year maturity at 1.55%, and 10 billion RMB for 10-year maturity at 1.72% [1] - This issuance marks the first RMB bond in Macau following the connectivity of the bond markets between Hong Kong and Macau, enhancing international investor participation [1][2] Group 2 - The Ministry of Finance has issued RMB bonds in Macau for the fourth consecutive year, with a steady increase in issuance scale, contributing to the improvement of the bond market infrastructure in Macau [2] - In addition to Macau, RMB bonds have also been issued in Hong Kong, with a total of 68 billion RMB planned for issuance in 2025, indicating a growing trend in RMB bond offerings [3] Group 3 - The stable supply of government bonds is beneficial for improving the yield curve and supporting the internationalization of the RMB [4] - The recent issuance attracted a diverse range of international investors, including monetary authorities, hedge funds, asset management institutions, commercial banks, and investment banks from countries such as Portugal, Singapore, Malaysia, Indonesia, and Thailand [4] - Over 50% of international investors placed orders through the Hong Kong CMU, indicating strong interest and participation from global financial institutions [4]
财政部在澳门成功发行60亿元人民币国债 有助于推动人民币国际化
Zheng Quan Ri Bao·2025-07-17 16:35