Guangdong Plans to Issue Offshore RMB Local Govt. Bonds up to RMB7.5B in HK/MO

　　The Department of Finance of Guangdong Province announced that the Guangdong Provincial Government plans to issue offshore RMB local government bonds in the Hong Kong SAR for the first time in 2024, with an issuance size of not more than RMB5 billion and a maturity of not more than 5 years.

　　Meanwhile, the Guangdong Provincial Government also plans to continue its issuance of offshore RMB local government bonds in the Macao SAR in 2024, with an issuance size of not more than RMB2.5 billion and a maturity of not more than 5 years.