Fiscal reserves hit MOP471.4 bln


Macau SAR fiscal reserves amounted to MOP471.37 billion (US$58.77 billion) at the end of the first quarter, according to data released by the Monetary Authority of Macau (AMCM) yesterday. Of the total, MOP272.84 billion constituted deposits and current accounts, with MOP149.66 billion credit.
During the period the reserve saw an annualised rate of return of 3.9 per cent, reaching MOP4.4 billion, notes the data, with assets divided between global bonds (at about 32 per cent), global equities (about 11 per cent) and money market instruments (about 57 per cent).
Investments in fixed income markets attracted income amounting to MOP1.3 billion during the quarter, due to the ‘prudent asset allocation mix and continuous risk control measures’ noted the Authority.

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