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BondsMedium•11 November 2026•
1 min read

China Issues First Yuan Sovereign Bonds in Canada to Diversify from US Dollar

Key Facts

1China's Ministry of Finance announced the issuance of up to 4 billion yuan in sovereign green bonds in Canada.
2The announcement coincided with the second Canada-China Economic and Financial Strategic Dialogue in Vancouver.
3The move aims to expand the international reach of the Chinese currency and reduce reliance on the U.S. dollar.

China's Ministry of Finance announced the issuance of up to 4 billion yuan in sovereign green bonds in Canada. The Epoch Times reported that the announcement coincided with the second Canada-China Economic and Financial Strategic Dialogue held in Vancouver. According to the Global Times, the move aims to expand the international reach of the Chinese currency and reduce global reliance on the U.S. dollar.

This issuance follows economic data from China showing the annual inflation rate at 0.7% as of November 9, 2026, while the trade balance recorded a surplus of $105.28 billion on November 10, 2026. In Canada, the trade balance showed a surplus of $5.35 billion on November 4, 2026, as both nations seek to deepen financial sector cooperation and support a predictable environment for international trade.

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