深圳发行50亿元离岸人民币地方政府债券

深圳市政府近日在港澳地区完成离岸人民币地方政府债券发行。19月8日，深圳在香港发行40亿元债券，9月10日在澳门发行10亿元债券，两地合计50亿元。1其中，香港发行的债券分为5年期和10年期两种，10年期定价利率为1.81%，5年期定价利率为1.51%；澳门发行的债券为3年期，定价利率为1.41%。1港澳两地的簿记订单倍数均超过9倍。1

这是深圳自2021年起连续第六年赴香港发行此类债券，也是连续第二年赴澳门发行离岸人民币地方政府债券。1在香港发行的债券中，25亿元5年期债券被设定为低碳城市主题绿色债券，募集资金主要投向地铁等项目。1深圳此举旨在丰富境外投资者的离岸人民币产品配置，深化深港澳金融合作，推进人民币国际化。1

Shenzhen's municipal government completed a dual issuance of offshore renminbi local government bonds across Hong Kong and Macau, marking continued efforts to deepen financial cooperation and advance RMB internationalization. On September 8, the city issued 4 billion yuan in Hong Kong 1, followed by a 1 billion yuan offering in Macau on September 10 1, bringing the total issuance to 5 billion yuan 1.

The Hong Kong tranche comprised two maturity tranches: 2.5 billion yuan in five-year bonds priced at 1.51 percent and 2 billion yuan in ten-year bonds priced at 1.81 percent 1. The Macau issuance consisted of three-year bonds with a coupon rate of 1.41 percent 1. Investor demand proved robust, with order books exceeding nine times the offered amount in both markets 1. The five-year Hong Kong bonds were designated as green securities under the low-carbon city theme, with proceeds earmarked for projects including metro construction 1.

This issuance represents Shenzhen's sixth consecutive annual offering in Hong Kong since 2021 and its second consecutive year accessing the Macau market 1. The dual offering aims to expand offshore RMB product options for international investors while strengthening financial ties between Shenzhen, Hong Kong, and Macau 1.