EconomyGuangdong issues 2.5 bln yuan offshore RMB bonds in Macao
Guangdong's provincial government issued 2.5 billion yuan in offshore RMB local government bonds in Macao. The three tranches comprise Hengqin construction-themed, green and blue bonds. Orders peaked at 23.2 billion yuan, producing a record 9.28-times oversubscription for a Macao bond issue. Proceeds will fund Hengqin infrastructure and green and blue development in the Greater Bay Area.
Guangdong issues 2.5 bln yuan offshore RMB bonds in Macao
