The Monetary Authority of Macao (AMCM) has recently issued the Guideline on Issuance and Information Disclosure of Corporate Bonds and the Guideline on Underwriting and Trustee Business of Corporate Bonds (collectively referred to as the “New Guidelines”). These guidelines, as stated in Circular No. 011/B/2023-DSB/AMCM, came into effect on 1 November 2023. AMCM has established