The central bank will provide RMB liquidity to eligible overseas central bank-like institutions through repurchase tools with overseas central bank-like institutions.

According to the financial APP of Securities Times, the People's Bank of China issued a document on June 17th, in order to support the high-level opening up of China's financial market and facilitate the management of RMB liquidity by overseas central banks, the People's Bank of China will provide RMB liquidity to eligible overseas central banks through the Foreign Central Bank Institutions RMB Repo tool (FIMA).