Russia announces plans to issue 10-year government bonds denominated in Chinese yuan following President Vladimir Putin’s visit to China, where he meets Xi Jinping. According to Russia’s Finance Ministry, the bond issuance is planned as part of efforts to broaden financing options and reduce reliance on other currencies. The announcement follows Putin’s two-day trip to Beijing, during which the two leaders hold talks. Bloomberg reports the yuan bond sale is Russia’s second such plan, indicating that the country has previously attempted similar financing in Chinese currency. The proposed issuance comes shortly after Putin’s return from China, linking the timing of the decision to the visit and related engagement with Chinese counterparts. Neither source provides detailed information on bond size, pricing, or final issuance terms beyond the currency denomination, maturity, and the intention to issue the bonds. The reporting also frames the move as a continued use of yuan-linked instruments for government borrowing.