Wednesday, January 02, 2008

Taiwan central bank drains 166.745 bln twd via 2.04/2.13/2.23 pct NCDs

The central bank said it drained a combined 166.745 bln twd from the money market via offers of negotiable certificates of deposit, including 87.97 bln twd via 30-day NCDs at a fixed rate of 2.04 pct.

The bank also drained 24.12 bln twd via an offer of 91-day NCDs at 2.13 pct and 54.655 bln twd via 182-day NCDs at 2.23 pct, it said.

In today's late trade, the average overnight interbank rate was quoted at 2.095 pct, compared with the previous close of 2.083 pct, dealers said.

(1 usd = 32.40 twd)

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