June 25 (Reuters) -
* THE BANK FOR INTERNATIONAL SETTLEMENTS ANNOUNCED TODAY A RENMINBI LIQUIDITY ARRANGEMENT - STATEMENT
* BIS - RENMINBI LIQUIDITY ARRANGEMENT (RMBLA) WILL PROVIDE LIQUIDITY THROUGH RESERVE POOLING SCHEME TO PARTICIPATING CENTRAL BANKS FROM ASIA-PACIFIC
* BIS - ARRANGEMENT HAS BEEN DEVELOPED WITH THE PEOPLE'S BANK OF CHINA (PBC), TO PROVIDE LIQUIDITY TO CENTRAL BANKS THROUGH A NEW RESERVE POOLING SCHEME
* BIS - ARRANGEMENT INITIALLY INCLUDES GROUP OF CENTRAL BANKS IN ASIA AND PACIFIC, INCLUDING BANK INDONESIA, CENTRAL BANK OF MALAYSIA
* BIS - ARRANGEMENT INITIALLY INCLUDES HONG KONG MONETARY AUTHORITY, THE MONETARY AUTHORITY OF SINGAPORE AND THE CENTRAL BANK OF CHILE, AS WELL AS PBC
* BIS - EACH PARTICIPATING CENTRAL BANK CONTRIBUTES MINIMUM OF RMB 15 BILLION OR US DOLLAR EQUIVALENT, IN RMB OR USD, PLACED WITH BIS, CREATING RESERVE POOL Source text for Eikon: Further company coverage: [ ]
