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Laws and Regulations Database of the Central Bank of the Republic of China-Article Content

Title:Directions for Electronic Bidding for Central Government Bonds and Treasury Bills Open new window for Chinese

Announced Date:February 23, 2001

Date:Amended on January 17, 2014 (effective from January 22,2014)

[Law Basis] [Print]

Chapter 4:  Handling of EBS Failures
14.Where the restoration of connections cannot be accomplished immediately after
  the Bank's EBS failure or service interruption, the Department of the Treasury
  will notify System Participants to switch to written forms for submitting bids.
  When a System Participant experiences an Abnormal online connection, it shall
  immediately notify the Department of the Treasury, and depending on the severity
  of the problem, apply to the Department of the Treasury to submit bids in
  written form instead.
15. A System Participant who switches to written forms for submitting bids in 
  accordance with the preceding direction, prior to the closing time of bidding, 
  shall fax the tender forms (Forms 4-9) via the designated fax number for 
  processing by the Department of the Treasury, and submit the original 
  tender form, identical to the faxed copy before 3:30 p.m. on the auction 
  date.   
  All tender forms submitted by fax or in a supplementary submission as per the 
  preceding paragraph shall bear the seal that appears on "the seal impression 
  card exclusively used for central government bond tender forms".
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