Source: Xinhua News
On June 18, Bank of China Macau successfully issued the "Belt and Road" Sustainable Development Bond in the international market, which is another innovative practice of Bank of China Macau's full commitment to serving the high-quality development of the "Belt and Road" initiative.
According to Bank of China Macau, the issuance size of this sustainable development bond is 1 billion yuan, a 3-year fixed-rate RMB bond, which attracted enthusiastic subscriptions from investors in multiple countries and regions. The final pricing was significantly better than the initial guidance price.
The proceeds from the bond issuance will be fully used to support qualified green and social responsibility projects in "Belt and Road" countries, including renewable energy, infrastructure, and basic service needs, covering a wide range of regions such as Southeast Asia, Central Asia, and Latin America.
Bank of China Macau stated that this bond issuance follows other innovative bonds such as the "Blue Bond," "Biodiversity Themed Green Bond," and "Magnolia Bond," further enriching the sustainable finance and debt financing product system in the Macau region, and helping to promote the appropriate diversification of Macau's economy and the development of the modern financial industry.