The People's Bank of China establishes overseas central bank-type institutions repurchase tools.

In order to support the high-level opening of China's financial markets to the outside world and facilitate the management of offshore central bank-like institutions' Renminbi liquidity, the People's Bank of China will provide Renminbi liquidity to eligible offshore central bank-like institutions through the offshore central bank-like institution repurchase tool (FIMA RMB Repo). Offshore central bank-like institutions refer to foreign central banks or monetary authorities, international financial organizations, and sovereign wealth funds. The operation of the repurchase tool includes collateralized and outright transactions.