Guangdong successfully issues RMB 2.5 billion offshore local government bonds in Macau
2024-08-23
It is reported that on the 21st, the Guangdong Provincial Government successfully issued 2.5 billion yuan offshore RMB local government bonds in the Macao Special Administrative Region, arranging for local government bonds to be locally registered, issued, managed, and listed for trading in Macao for the fourth consecutive year. This time, Guangdong Province issued two local government special bonds in Macau, of which the 2-year special bond is a green bond (1.5 billion yuan), and the funds raised will be used for the construction of green projects in cities in the Pearl River Delta; The funds raised from the 3-year special bond will be used to support the construction of major infrastructure projects in the Hengqin Guangdong Macao Deep Cooperation Zone (1 billion yuan). This issuance has received high attention and enthusiastic subscription from investors in Macau, Hong Kong, and Southeast Asian countries. The 2-year and 3-year issuance interest rates are 2.15% and 2.20% respectively, with a subscription multiple of 2.3 times. The relevant person in charge of the Guangdong Provincial Department of Finance stated that the continuous issuance of green bonds will help enhance the depth and breadth of Macau's financial market, attract more funds to support the achievement of the "dual carbon" goal, and promote the coordinated development of green finance in the Guangdong Hong Kong Macao Greater Bay Area. The first issuance of special bonds with the theme of the Shenzhen Cooperation Zone in Macau will promote better participation of Macau financial institutions in the construction of the Shenzhen Cooperation Zone and inject new impetus into Macau's better integration into the overall development of the country. (New Society)
Edit:Lubaikang Responsible editor:Chenze
Source:XinhuaNet
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