澳门MCSD成立四周年 债券市场托管规模超1100亿

Group 1 - The Macau government is promoting the development of the modern financial industry and strengthening the bond market infrastructure to enhance the ecosystem of the Macau bond market [1] - The Central Securities Depository (CSD) in Macau is undergoing a comprehensive upgrade, with the new Investment Fund Law effective from January, which aims to protect investors' rights and boost confidence in the bond market [1] - MCSD, as the core infrastructure operator of the Macau bond market, is committed to providing secure and robust financial services to market participants, aiming for high-quality and sustainable development [1] Group 2 - By 2025, the Ministry of Finance has issued RMB government bonds in Macau for four consecutive years, increasing the issuance scale and introducing long-term bond varieties [2] - The CSD in Macau has directly connected with the Central Moneymarkets Unit (CMU) in Hong Kong, facilitating international investors' participation in the Hong Kong-Macau bond market [2] - The settlement amount for the CSD and CMU connection reached 10 billion Macau Patacas by the end of 2025, with over 140 transactions completed, indicating significant growth in trading data [2] Group 3 - The direct connection has significantly increased the issuance and subscription scale of Macau bonds, with about 50% of the investment subscriptions coming from CMU members through bilateral connections [3] - The collaboration between CSD and CMU has led to a substantial increase in market participation and activity, enhancing the integration of financial infrastructures between Hong Kong and Macau [3] - The ongoing cooperation is expected to promote the prosperity of the Guangdong-Hong Kong-Macau Greater Bay Area and strengthen the competitive advantage of Hong Kong and Macau as international financial hubs [3]