Following previous sovereign and municipal bond issuances by Guangdong Province and Shenzhen, this milestone transaction is CDB Hong Kong Branch’s first Macao issuance themed around the “Belt and Road Initiative” and cooperation with Portuguese-speaking countries.
Targeted at professional investors, the offering comprises two tranches: a RMB 3.5 billion 3-year bond bearing a 1.75% annual interest rate and a RMB 2 billion 5-year bond bearing a 1.85% annual interest rate.
The Monetary Authority of Macao congratulated CDB on the successful transaction, acknowledging the bank’s continued support in fostering high-quality modern financial services in the region.
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This strategic move reinforces Macao’s role as a financial platform connecting China and Portuguese-speaking countries.
By diversifying the offshore RMB market, the issuance highlights the synergy within the Guangdong-Hong Kong-Macao Greater Bay Area.
Furthermore, it injects momentum into the local bond market, advances RMB internationalisation, and deepens Macao’s integration into national development plans.
