The central government started issuing its first renminbi (RMB) sovereign bonds in Macau on Friday, and Chief Executive Fernando Chui Sai On said that the issuing marked a new phase of development for the city’s financial services.
Renminbi (“people’s currency”) is the official name of the yuan.
Chui made the remarks during a launching ceremony at Government Headquarters.
Chief Executive Fernando Chui Sai On (behind the lectern) addresses Friday’s ceremony at Government Headquarters marking the first issuance of RMB sovereign bonds in Macau. Photo: GCS
A local resident surnamed Chung applies for the RMB sovereign bonds at the Bank of China Building on Friday. Photo: Maria Cheang Ut Meng
