The Ministry of Finance of the People’s Republic of China issued RMB-denominated sovereign bonds successfully in Macao for the fifth consecutive year
The Ministry of Finance of the People’s Republic of China issued RMB-denominated sovereign bonds successfully in Macao for the fifth consecutive year
The Ministry of Finance of the People’s Republic of China issued RMB-denominated sovereign bonds successfully today (20 August) in Macao. The Monetary Authority of Macao congratulates the successful issuance of sovereign bonds and expresses sincere gratitude to the Ministry of Finance for its long-term support to the cultivation of bond market in Macao. The sovereign bonds issuance is offered to the professional investors, with an issuance size of RMB 6 billion, comprising tranches of RMB 3 billion 2-year sovereign bonds with acoupon rate of 1.30%, RMB 1 billion 3-year sovereign bonds with a coupon rate of 1.33%, RMB 1 billion 5-year sovereign bonds with a coupon rate of 1.46% and RMB 1 billion 10-year sovereign bonds with a coupon rate of 1.76%. The issuance of sovereign bonds was highly welcomed by the market and recorded an over subscription.
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Thursday, 20th August
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