All the bonds listed on Macau’s bond market are now valued at a whopping MOP1 trillion (US$0.12 trillion/RMB0.89 trillion), the city’s bond exchange operator has announced. According to Chongwa (Macao) Financial Asset Exchange, or the MOX, this massive volume marks a pivotal transition from infancy to maturity – starting from ‘zero’ six years ago to ‘breaking’ the trillion mark. [...]