PBOC's Pan said on the 17th at the 2026 Lujiazui Forum the central bank will establish an offshore central bank repo facility. Foreign central banks and monetary authorities, international financial organizations and sovereign wealth funds could repo Chinese government bonds and other high-grade Chinese bonds with the PBOC to obtain RMB liquidity, facilitating offshore RMB liquidity management and RMB asset allocation.

2026-06-17

PBOC's Pan said on the 17th at the 2026 Lujiazui Forum the central bank will establish an offshore central bank repo facility. Foreign central banks and monetary authorities, international financial organizations and sovereign wealth funds could repo Chinese government bonds and other high-grade Chinese bonds with the PBOC to obtain RMB liquidity, facilitating offshore RMB liquidity management and RMB asset allocation.