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Taiwan central bank drains 69.25 bln
Wednesday, January 9, 2008
TAIPEI (XFN-ASIA) - The central bank said it drained a combined 69.25 bln twd from the money market via offers of negotiable certificates of deposit, including 8.85 bln twd via 30-day NCDs at a fixed rate of 2.04 pct.
The bank also drained 17.70 bln twd via an offer of 91-day NCDs at 2.13 pct and 42.70 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 2.091 pct, compared with the previous close of 2.095 pct, dealers said.
(1 usd = 32.50 twd)
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