BOC Macau: The central government's issuance of government bonds in Macau will promote a new leap in the development of the local bond market

Xinhua News Agency, Macau, September 5th (Liu Gang Hao Yuqing) The central government will issue 3 billion yuan in Treasury bonds in Macau on the 7th. Ye Zhaojia, deputy governor of the Bank of China Macau Branch, said in an interview that this is an important measure for the central government to continue to support Macau's development of modern finance, and it will promote the development of the Macau bond market to achieve a qualitative leap again.

The Bank of China Macau Branch was appointed by the Ministry of Finance as an exclusive global coordinator and led to coordinate the issuance and underwriting of the RMB government bonds. At the same time, he also served as the fund liquidation bank of the central securities custody settlement system of Macau.

According to Ye Zhaojia, the underwriting group of this Treasury bond includes both local financial institutions in Macau and international investment banks and global commercial banks, and underwriters are more diversified. He revealed that BOC Macau has received the intention of international financial institutions outside of Macau in the preliminary preparation stage for the issuance of national bonds to issue the hopes of participating in underwriting and investment, showing the extensive influence and appeal of China's sovereign bonds in the global market. Essence

Ye Zhaojia said that in 2019, the Macau bond market is in the launching stage. For the first time, the Ministry of Finance issued government bonds in Macau, which promoted the initial establishment of the infrastructure of the Macau bond market and the preliminary establishment of market rules. After more than 3 years of market practice, the infrastructure, rules, and professional capabilities of the Macau bond market have been continuously improved and improved, and the ability to undertake and serve government bonds has been greatly improved.

This RMB Treasury bond will be issued in a public offering form for professional investors. At present, the underwriters are promoting the preparations in an orderly manner to ensure the smooth issuance.

[Editor in charge: Liu Xiaodong]

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