Laws and Regulations Database of the Central Bank of the Republic of China(Taiwan)

　　I. General Provisions

1. The Central Bank of the Republic of China (Taiwan) (hereafter referred to 
　 as "the Bank") promulgates these Directions to conduct open market operations.
　 

2. The open market operations under these Directions include the following:
　 (1) Issuance of the Bank certificates of deposit (hereafter referred to 
　　　 as "CDs").
　 (2) Repurchase agreement transactions on bonds (bills) (hereafter referred 
　　　 to as “repo transactions”).
　 (3) Outright purchases of bonds (bills).

3. Open market operations shall be conducted through the online 
　 network operation system for open market operations established by
　 the Bank (hereafter referred to as “Online Operation System”) or
　 by other means approved by the Bank.The operating procedure of the
　 Online Operation System shall be conducted in accordance with the 
　“Online Network Operation Directions for the Central Bank of China 
　 (Taiwan)'s Open Market Operations”.