The Ministry of Finance of the People’s Republic of China and the Macao Special Administrative Region (MSAR) Government jointly announced today (10 August) the issuance of RMB-denominated sovereign bonds totalling RMB 6 billion in Macao by the Central Government on 20 August 2026. As the year 2026 marks the commencement of the National 15th Five-Year Plan, the continued issuance of RMB-denominated sovereign bonds in Macao for the fifth consecutive year demonstrates the Central Government’s strong support for the MSAR Government in enhancing the competitiveness of Macao’s featured financial sector, thereby advancing the appropriate diversification of Macao’s economy. The issuance provides a more diversified term structure, which is conducive to further optimising a regular issuance mechanism, providing investors with a secure and stable RMB-denominated investment instruments. It also serves as an active role in enhancing Macao’s bond market ecosystem, as well as expediting the connection with the Chinese and international markets.