1、2026White Paper onthe Global Useof RMBSupported domestic banks expanding interbank funding with offshore institutions.Integrate various types of cross-border RMB interbank funding such as account financing and bond repurchase into the macro-prudential management framework,but excluding investments i
2、n or purchases of debt instruments such as interbank certificates of deposit or bonds.RMB trade financing is not counted toward banks cross-border interbank financing quotas.Adjusted certain rules for cross-border lending to overseas borrowers by domestic banking financial institutions;raised the le
3、verage ratio for cross-border lending by wholly foreign-owned banks,Sino-foreign joint venture banks,and branches of foreign banks in China;set a floor for banks cross-border loan balance at RMB 10 billion and optimized the requirements for look-through management of cross-border lending.By enhancin
4、g banks cross-border lending capacity,these measures strengthen support for offshore RMB liquidity from the supply side.Increased the supply of high-credit-rated RMB assets in offshore markets.Regularized issuance of central bank bills;enriched the tenor variety of RMB government bonds-for the third
5、 time in eight years,a 30-year RMB government bond of RMB 10 billion was issued,promoting the continuous improvement of the offshore RMB yield curve.Enriched liquidity adjustment tools for offshore RMB markets.The range of mainland investors under Southbound Bond Connect was expanded to include four
6、 types of non-bank institutions:securities firms,funds,insurance companies,and wealth management companies,broadening the channels for domestic funds to enter offshore markets.The use of bonds floating in domestic China as broadly accepted eligible collateral in Hong Kong and global markets made pos