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Chinese central gov't issues 6 bln yuan of sovereign bonds in Macao SAR

China

China

China

Chinese central gov't issues 6 bln yuan of sovereign bonds in Macao SAR

2025-07-17 15:00 Last Updated At:15:37

China's Ministry of Finance (MOF) on Wednesday issued 6 billion yuan (about 836 million U.S. dollars) of government bonds in the Macao Special Administrative Region (SAR), attracting significant interest from professional investors.

The total subscription amount reached 36.52 billion yuan, about 6.1 times the issuance size.

The bonds included 2-year, 5-year, and 10-year maturities, with respective issuances of 3 billion yuan, 2 billion yuan, and 1 billion yuan, and the interest rates were set at 1.43 percent, 1.55 percent, and 1.72 percent, respectively.

The issuance drew enthusiastic participation from a wide range of institutions, such as monetary authorities, hedge funds, asset management firms, commercial banks, and investment banks.

Notably, investors from various countries, including Portugal, Singapore, Malaysia, Indonesia, and Thailand, took part in the offering.

Chinese central gov't  issues 6 bln yuan of sovereign bonds in Macao SAR

Chinese central gov't issues 6 bln yuan of sovereign bonds in Macao SAR

The United States cannot legitimize an operation that attacked Venezuela and captured its president, a Chinese scholar said Sunday.

On Saturday, the United States launched a large-scale strike on Venezuela, during which Venezuelan President Nicolas Maduro and his wife were 'captured and flown out of Venezuela' according to a post by U.S. President Donald Trump on his Truth Social account.

Teng Jianqun, director of the Center for Diplomatic Studies at Hunan Normal University, said in an interview with China Global Television Network (CGTN) that the aim of this operation is to take full control of Venezuela’s natural resources.

"I don't think the United States can legitimize this operation to take custody of the president of Venezuela. And also I don't think the United States can legitimize its any action in taking the oil reserves of that country. This is actually a very dangerous game played by the Trump administration. And of course, the United States would like to take full control of that country and to take full control of the natural resources, especially the large reserve of oil in Venezuela," said Teng.

Teng said Venezuela is not an isolated case but a common practice by the United States. The United States launched an invasion of Panama on Dec. 20, 1989, which continued until January 1990, with the stated objective of capturing Panamanian strongman Manuel Noriega on charges of drug trafficking and organized crime.

"We still remember the so-called sentence of the former president of Panama in the late 1980s. And this time, the president of Venezuela will be under some judicial condition (judicial proceedings) for the so-called drug trafficking and some other crimes. So I think this is not a single case for the Venezuela country, but also this is actually a practice by the United States -- to use force, to use so-called justice under law against any leaders in Latin America and the Caribbean waters," he said.

US cannot legitimize operation against Venezuela: Chinese scholar

US cannot legitimize operation against Venezuela: Chinese scholar

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