Ministry of Finance issues 2 billion yuan of treasury bonds in Macau for the first time-Shanghai Metals Market

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Ministry of Finance issues 2 billion yuan of treasury bonds in Macau for the first time

Translation 09:41:56AM Jul 05, 2019 Source:Information Office of the Ministry of Finance
The content below was translated by Tencent automatically for reference.

SMM News: on July 4, the Ministry of Finance of the people's Republic of China successfully issued 2 billion yuan of treasury bonds in the Macao Special Administrative region. This is the first time that the Ministry of Finance has issued treasury bonds in Macao, and it is also the first sovereign bond issued, registered and listed in Macao.

The renminbi bond issue includes a three-year Rmb1.7 billion bond issued to institutional investors at an interest rate of 3.05 per cent, and a Rmb300m two-year retail bond to be sold to Macao residents today at a rate of 3.30 per cent. The issue of RMB treasury bonds in Macao has been widely welcomed by the offshore market, and investors such as monetary authorities, government funds, pensions, commercial banks, funds and asset management companies have actively subscribed, with a non-retail partial subscription factor of 3.2 times. The issuance of RMB treasury bonds in Macao for the first time will actively promote the construction of Macao's bond market and contribute to the development of Macao's characteristic finance.

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Ministry of Finance issues 2 billion yuan of treasury bonds in Macau for the first time

Translation 09:41:56AM Jul 05, 2019 Source:Information Office of the Ministry of Finance
The content below was translated by Tencent automatically for reference.

SMM News: on July 4, the Ministry of Finance of the people's Republic of China successfully issued 2 billion yuan of treasury bonds in the Macao Special Administrative region. This is the first time that the Ministry of Finance has issued treasury bonds in Macao, and it is also the first sovereign bond issued, registered and listed in Macao.

The renminbi bond issue includes a three-year Rmb1.7 billion bond issued to institutional investors at an interest rate of 3.05 per cent, and a Rmb300m two-year retail bond to be sold to Macao residents today at a rate of 3.30 per cent. The issue of RMB treasury bonds in Macao has been widely welcomed by the offshore market, and investors such as monetary authorities, government funds, pensions, commercial banks, funds and asset management companies have actively subscribed, with a non-retail partial subscription factor of 3.2 times. The issuance of RMB treasury bonds in Macao for the first time will actively promote the construction of Macao's bond market and contribute to the development of Macao's characteristic finance.

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business