Central Bank of Manchou

When the Central Bank of Manchou was created it had a sufficient number of gold reserves for the new currency and paid out a dividend of 6% to investors, the stable value of the Manchukuo yuan was a major contributing factor for the development of the economy of Manchukuo.

With its head office in Xinjing, the Bank had nearly 140 branches throughout Manchukuo, China and Japan proper.

The Bank was required by its charter to hold as a reserve against its issued notes at least 30% of the value of such issue in gold and silver bullion, reliable foreign currencies and deposits with foreign banks in gold and silver accounts.

To keep up with the inflationary pressures typically experienced by Japanese controlled areas towards the end of World War II, a 1,000 yuan note was issued in 1944.

[1]: 8 Manchukuo was established in March 1932 with Puyi assuming the title of Chief Executive of the new state using the era name of "Datong" (Wade-Giles: Ta-tung; 大同).