ePrime Congratulates CDB HK Branch’s 1st Offshore RMB Bond Issuance in Macao
4 February 2026
ePrime Issuance Service congratulates China Development Bank Hong Kong Branch‘s successful dual-tranche 3 and 5 year offshore RMB bond issuance totaling RMB 5.5 billion on 27 January 2026. The main participating institutions in the above bond issuances completed bookbuilding, order allocation, and pricing smoothly through ePrime Issuance Service.
The transaction raised RMB 3.5 billion for the 3-year tranche at 1.75% and the 5-year tranche raised RMB 2 billion at 1.85%. It marks the first policy bank public bond issued in Macao, as well as the first “Belt and Road” and Portuguese-speaking countries/regions themed bond issued by China Development Bank Hong Kong Branch in the city, supporting Macao’s role as a China-Portugal financial services platform and its participation in the Belt and Road Initiative.
In recent years, China Development Bank Hong Kong Branch has actively promoted the development of offshore RMB issuance projects, supporting the development of the offshore RMB market. This bond issuance broadened the variety of bonds in Macao’s offshore RMB market. It also exemplifies the synergistic benefits arising from the coordinated development of the Guangdong-Hong Kong-Macao Greater Bay Area and further advances the internationalisation of the RMB. It also marks another milestone in the cooperation between Bond Connect Company Limited ("BCCL") and China Development Bank Hong Kong Branch. Moving forward, BCCL remains committed to furthering promoting the development of the offshore RMB bond market.
In collaboration with CFETS and launched in 2020, ePrime is an electronic solution for the primary bond market across the issuers, underwriters and investors specialized in the China cross-border workflow. It has two components to cater issuance and subscription applications: ePrime Issuance Service and ePrime Northbound Subscription Service.
ePrime Issuance Service offers a platform for issuing, primary book building, pricing and allocation for offshore securities including US dollar-denominated bonds, Renminbi bonds, Hong Kong dollar bonds and other currencies. It has successfully supported various issuances from policy banks and commercial banks and onboarded 44 offshore underwriters.
The transaction raised RMB 3.5 billion for the 3-year tranche at 1.75% and the 5-year tranche raised RMB 2 billion at 1.85%. It marks the first policy bank public bond issued in Macao, as well as the first “Belt and Road” and Portuguese-speaking countries/regions themed bond issued by China Development Bank Hong Kong Branch in the city, supporting Macao’s role as a China-Portugal financial services platform and its participation in the Belt and Road Initiative.
In recent years, China Development Bank Hong Kong Branch has actively promoted the development of offshore RMB issuance projects, supporting the development of the offshore RMB market. This bond issuance broadened the variety of bonds in Macao’s offshore RMB market. It also exemplifies the synergistic benefits arising from the coordinated development of the Guangdong-Hong Kong-Macao Greater Bay Area and further advances the internationalisation of the RMB. It also marks another milestone in the cooperation between Bond Connect Company Limited ("BCCL") and China Development Bank Hong Kong Branch. Moving forward, BCCL remains committed to furthering promoting the development of the offshore RMB bond market.
In collaboration with CFETS and launched in 2020, ePrime is an electronic solution for the primary bond market across the issuers, underwriters and investors specialized in the China cross-border workflow. It has two components to cater issuance and subscription applications: ePrime Issuance Service and ePrime Northbound Subscription Service.
ePrime Issuance Service offers a platform for issuing, primary book building, pricing and allocation for offshore securities including US dollar-denominated bonds, Renminbi bonds, Hong Kong dollar bonds and other currencies. It has successfully supported various issuances from policy banks and commercial banks and onboarded 44 offshore underwriters.
Please contact us at eprime@chinabondconnect.com / (852) 2327 0398 for enquiries.
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Disclaimer: The information contained in this document is for general informational purposes only and does not constitute an offer, solicitation, invitation or recommendation to buy or sell any securities or to provide any investment advice or service of any kind. This document is not directed at, and is not intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject any of Bond Connect Company Limited ("BCCL") and/or its affiliates to any registration requirement within such jurisdiction or country.
No section or clause in this document may be regarded as creating any obligation on BCCL and/or its affiliates. Rights and obligations with regard to the trading and settlement of any securities effected on the CFETS, including through the Bond Connect, shall be set out solely in the applicable rules of the Entities, as well as the applicable laws, rules and regulations of Mainland of China and Hong Kong in effect from time to time.
Although the information contained in this document is obtained or compiled from sources believed to be reliable, BCCL and/or its affiliates assume no responsibility or liability for any errors, omissions or other inaccuracies in the information or for the consequences thereof. **It should not be used as a substitute for investment, accounting, tax, legal or other professional advice. If you are in any doubt about the contents of this document, you should seek independent professional advice.**BCCL and/or its affiliates assume no responsibility or liability for any cost, expense, loss or damage, directly or indirectly, howsoever caused, of any kind, arising from the use of or reliance upon any information provided in this document, or in the presentation given.
**Forward-looking statements: This document may contain forward-looking statements, including but not limited to projections, estimates, forecasts, and opinions. These statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. BCCL and/or its affiliates do not undertake any obligation to update these statements in light of new information or future events.**
Disclaimer: The information contained in this document is for general informational purposes only and does not constitute an offer, solicitation, invitation or recommendation to buy or sell any securities or to provide any investment advice or service of any kind. This document is not directed at, and is not intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject any of Bond Connect Company Limited ("BCCL") and/or its affiliates to any registration requirement within such jurisdiction or country.
No section or clause in this document may be regarded as creating any obligation on BCCL and/or its affiliates. Rights and obligations with regard to the trading and settlement of any securities effected on the CFETS, including through the Bond Connect, shall be set out solely in the applicable rules of the Entities, as well as the applicable laws, rules and regulations of Mainland of China and Hong Kong in effect from time to time.
Although the information contained in this document is obtained or compiled from sources believed to be reliable, BCCL and/or its affiliates assume no responsibility or liability for any errors, omissions or other inaccuracies in the information or for the consequences thereof. **It should not be used as a substitute for investment, accounting, tax, legal or other professional advice. If you are in any doubt about the contents of this document, you should seek independent professional advice.**BCCL and/or its affiliates assume no responsibility or liability for any cost, expense, loss or damage, directly or indirectly, howsoever caused, of any kind, arising from the use of or reliance upon any information provided in this document, or in the presentation given.
**Forward-looking statements: This document may contain forward-looking statements, including but not limited to projections, estimates, forecasts, and opinions. These statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. BCCL and/or its affiliates do not undertake any obligation to update these statements in light of new information or future events.**