Core Viewpoint - The issuance of 60 billion RMB government bonds in Macau marks a significant step in promoting the development of the local bond market and enhancing the diversification of Macau's economy [1][2]. Group 1: Bond Issuance Details - The Ministry of Finance successfully listed 60 billion RMB government bonds on the MOX, with this being the fifth issuance in Macau [1]. - The bonds were issued in three maturities: 2 years (30 billion RMB), 5 years (20 billion RMB), and 10 years (10 billion RMB), with respective coupon rates of 1.43%, 1.55%, and 1.72% [1]. - The subscription rate reached 6.08 times, setting a record for the highest subscription multiple in previous bond issuances in Macau [1]. Group 2: Market Impact and Future Prospects - This issuance not only set a historical record for a single bond issuance in Macau but also introduced a 10-year RMB long-term bond to the market, enhancing the maturity structure and depth of the bond market [1]. - The continuous choice of Macau for bond issuance reflects the central government's support for the local government in developing the bond market and promoting economic diversification [2]. - MOX aims to leverage its position as a major financial asset exchange in Macau to attract global capital and foster a virtuous cycle of policy support, product innovation, capital aggregation, and enhanced liquidity in the bond market [2].
财政部发行60亿元人民币国债在MOX上市
Xin Hua Cai Jing·2025-07-24 06:16