The US$50 million bond issuance marks the first time the multilateral financial institution has used Macau’s financial infrastructure
The debt was entirely backed by a specialized fund dedicated to boosting trade between China and Portuguese-speaking nations
The New Development Bank (NDB) has issued debt in Macau for the first time, with the funds earmarked to support infrastructure and development projects in Brazil. The BRICS bloc bank’s transaction was finalized on Tuesday, according to the SAR’s financial regulator.
The Monetary Authority of Macau (AMCM) stated that the operation launched by the NDB was formally concluded following its registration with Macau’s Central Securities Depository and Clearing.