The AMCM welcomes Shenzhen Government to issue municipal government bonds in Macao

MACAU, September 1 - With the support of the Ministry of Finance of the People’s Republic of China, the People's Government of Shenzhen Municipality will issue RMB 1 billion offshore RMB-denominated municipal government bonds in Macao in early September, with a tenor of 3-year. The bonds will be sustainable bonds themed for Greater Bay Area and will be offered exclusively to professional investors.

The Monetary Authority of Macao welcomes the successive issuance of offshore RMB-denominated municipal government bonds by Shenzhen Government in Macao. This issuance will be the second consecutive year since 2025 that the Shenzhen Government has issued offshore RMB-denominated municipal government bonds in Macao, which demonstrates the support from the Central Government and the People’s Government of Shenzhen Municipality to Macao in expediting the cultivation of bond market and promoting the high-quality development of featured financial sector, and injecting new momentum into Macao’s appropriate economic diversification. The Monetary Authority of Macao extends its sincere gratitude to the Central Government and the People’s Government of Shenzhen Municipality for their support.

Against the backdrop of the National 15th Five-Year Plan and the integrated development in the Guangdong-Hong Kong-Macao Greater Bay Area, the successive issuance of offshore RMB municipal government bonds by the Shenzhen Municipality in Macao deepens financial collaboration between Shenzhen and Macao, and supports the high-quality development of the Greater Bay Area. Concurrently, this issuance will encourage more issuers to bring green and sustainable instruments to bond market and further broaden green and sustainable finance products mix in Macao, thereby facilitating the innovative development of green and sustainable finance market in the Greater Bay Area through the joint efforts by Shenzhen Municipality and Macao. To align with the objective of expediting the development of featured financial services under Macao’s third Five-Year Plan, the SAR Government will focus on enhancing the competitiveness of Macao’s bond market, attracting a broader spectrum of high‑quality issuers and international investors to participate in the market, thereby nurturing the robust development of the bond market.

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