The Bank of China has issued yuan-denominated bonds in Paris for the first time, raising two billion yuan ($A343 million) in the process, the Paris Europlace organisation says.
Tuesday's bond issue "completes the BoC Paris' financial activities plan", a statement said in reference to the Chinese central bank's Paris branch.
The issue was the latest step towards closer co-operation between China and France in the financial sector since their central banks established a clearing house for yuan transactions in June.
The creation of a yuan clearing house in Paris makes it easier for French-based firms to carry out commercial operations and make investments in China.
The sale was managed by BNP Paribas, Crdit Agricole-CIB and HSBC, and aimed at "supporting the commercial and financial development of eurozone companies that are active in China," a statement said.
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