The Central Bank of Taiwan published its certificate of deposit issuance plan for the fourth quarter of 2026, reducing the monthly offering of 364-day certificates to TWD 110 billion from TWD 120 billion effective October. The change reflects recent banking system liquidity conditions and banks’ asset allocation needs. Monthly offerings of two-year certificates will remain unchanged at TWD 25 billion. The 364-day auctions are scheduled for Oct. 5, Nov. 3 and Dec. 3, while the two-year auctions will take place on Oct. 16, Nov. 13 and Dec. 18. The multiple-rate auctions are open to banks, credit cooperatives, bills finance companies and Chunghwa Post, with each bidder limited to 30% of the offering in each auction. The central bank plans to release its certificate of deposit auction schedule for the first quarter of 2027 on Dec. 24, 2026.
Central Bank of Taiwan cuts monthly 364-day certificate of deposit auctions to TWD 110 billion from October
The Central Bank of Taiwan will reduce monthly 364-day certificate of deposit auctions to TWD 110 billion from TWD 120 billion effective October, citing banking system liquidity and banks’ asset allocation needs. Monthly two-year offerings will remain unchanged at TWD 25 billion, with each bidder capped at 30% of an auction.