23. Dealers shall abide by the following provisions:
(1)Participate in each central government bond auction.
(2)Participate in placements of government bonds pursuant to the Bank’s notification.
(3)Submit bids at prices or yields in line with the market conditions at central government bond auctions.
(4)File the following documents to the Department of the Treasury in accordance with the prescribed deadline. The Bank may, when necessary, dispatch personnel to perform on-site inspections:
i. Submit bidding status reports on the second business day after each auction of central government bonds( Form 2 ).
ii. Submit monthly statements of central government bond holdings in the preceding month before the second business day of each month ( Form 3 ).
iii. With the exception of insurance enterprises, submit yearly statements of government bond trading each year by the end of January (Form 4 ).
iv. Submit yearly financial reports with a letter within four months after the end of each accounting year. Financial reports of private institutions must be duly audited and certified by certified public accountants, approved by the board of directors and acknowledged by the supervisors. However, public institutions may submit their reports with a letter on a provisional basis pending finally approved by the auditing agency and then resubmit their reports when approved.
(5)Perform matters relating to electronic on-line bidding in accordance with the applicable regulations.