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PBOC Launches Tool to Boost Yuan Use by Other Central Banks

PBOC Launches Tool to Boost Yuan Use by Other Central Banks
Bloomberg Markets Wednesday 17 June 2026, 03:56 UTC By Charlie Zhu, Wenjin Lv, Jacob Gu 1 min read
Key Points

PBOC Launches Tool to Boost Yuan Use by Other Central Banks China announced new money-market measures to broaden the use of its currency among entities like foreign central banks and sovereign wealth funds. The People’s Bank of China will use the Foreign and International Monetary Authorities repurchase agreement facility to provide yuan liquidity to overseas central bank-type institutions, according to a statement on its website. Such a facility would allow users post their Chinese...

PBOC Launches Tool to Boost Yuan Use by Other Central Banks China announced new money-market measures to broaden the use of its currency among entities like foreign central banks and sovereign wealth funds. The People’s Bank of China will use the Foreign and International Monetary Authorities repurchase agreement facility to provide yuan liquidity to overseas central bank-type institutions, according to a statement on its website. Such a facility would allow users post their Chinese government bonds and other PBOC-approved securities holdings as collateral in exchange for yuan. [Image text:] Re OOr 1993088212
PBOC Launches Tool to Boost Yuan (ORG) Central Banks PBOC Launches Tool to Boost Yuan (ORG) The People’s Bank of China (ORG) the Foreign and International Monetary Authorities (ORG) Chinese (ORG)
Originally published by Bloomberg Markets Read original →

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