The PBOC is setting up an offshore central bank repo facility to boost RMB liquidity for foreign institutions, with operations starting September 2025.

China will establish a new liquidity facility for overseas central banks and official institutions, People's Bank of China Governor Pan Gongsheng said, in what analysts described…

The tool expands funding channels for foreign monetary authorities as China pushes to internationalize its currency

The PBOC is setting up an offshore central bank repo facility to boost RMB liquidity for foreign institutions, with operations starting September 2025.

The PBOC launches a new FIMA RMB repo facility to provide yuan liquidity to foreign central banks, mirroring the US Federal Reserve's approach to currency