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Taiwan central bank drains 46.95 bln twd via 1.98/2.06/2.15 pct NCDs


Published :
Fri, 19 Oct 2007 09:22
By : Agencies
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TAIPEI (XFN-ASIA) - The central bank said it drained a combined 46.95 bln twd from the money market via offers of negotiable certificates of deposit, including 27.55 bln twd via 30-day NCDs at a fixed rate of 1.98 pct.

The bank also drained 18.20 bln twd via an offer of 91-day NCDs at 2.06 pct and 1.20 bln twd via 182-day NCDs at 2.15 pct, it said.

At 3.30 pm, the average overnight interbank rate was quoted at 2.038 pct, compared with the previous close of 2.039 pct, dealers said.

(1 usd = 32.60 twd)

philip.wang@afxasia.com

xfnpw/xfnrc

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Copyright Thomson Financial News Limited 2007. All rights reserved.

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