The Chongwa (Macao) Financial Asset Exchange Co. Ltd. (MOX) said yesterday that as of April 30, the total value of bonds issued and listed on MOX had reached 909.253 billion patacas.
Among them, approximately 377.504 billion patacas worth of bonds was denominated in renminbi (RMB), and green bonds accounted for around 158.389 billion patacas.
According to MOX, since the beginning of this year, the mainland economy has steadily developed, and fiscal policies have continued to play a strong role, driving a revival in the supply of bonds in the offshore bond market, thereby injecting momentum into the development of the Macau bond market.
The statistics showed that as of April 30, MOX’s bond listing business saw a year-on-year growth of 25.7 percent, with listing volumes increasing 97.7 percent.
Established in 2018, MOX is the first financial institution in Macau to provide bond services, filling the gap in Macao’s direct financing channels and financial infrastructure.
– Xinhua