Title:
Announced Date:December 15, 2010
Date:October 28, 2015
I. General Provisions
〈Purpose〉
1. The Central Bank of the Republic of China (Taiwan) (hereafter referred to as "the Bank") promulgates these Directions to conduct open market operations.
〈Types of 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).
〈Trading platform for open market operations〉
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”.