Taiwan (Province of China) - Money Market Rate

Taiwan (Province of China): Money Market Rate

Mnemonic IRMM.ITWN
Unit %, NSA
Adjustments Not Seasonally Adjusted
Data Jul 2019 0.67
Jun 2019 0.68

Series Information

Source Central Bank of the Republic of China
Release Interest Rates
Frequency Monthly
Start Date 5/31/1987
End Date 7/31/2019

Taiwan (Province of China): Markets

Reference Last Previous Units Frequency
Stock Market Index 19 Sep 2019 10,894 10,929 Index, NSA Daily
Average Long-term Government Bond Jul 2019 0.67 0.7 Percent, NSA Monthly
Lending Rate Jul 2019 2.64 2.63 Percent, NSA Monthly
Money Market Rate Jul 2019 0.67 0.68 %, NSA Monthly
Treasury Bills (over 31 days) Apr 2019 0.45 0.42 %, NSA Monthly

Release Information

Data are disseminated on the following rates(as the percentage per annum) :
(1)The central bank's discount rate(the policy variable rate).
(2)Deposit rate: average of 1-year deposit rates for five leading domestic banks.
(3)Loan rate: average of prime lending rates for five leading domestic banks.
(4)Short-term money market rate: weighted average of overnight interbank interest rates.
(5)Long-term government bond yield: weighted average yield on 10-year government bonds, which have the highest transaction volume in the secondary market.

The rates are classified by duration period (short term or long term; one month or one year, etc.), transactions party (central bank or five leading banks; depositor or borrower), and the type of financial tools (commercial paper or government bond).

Data on interest rates cover deposit and loan rates of five leading banks, short-term rates on money market securities, and long-term yields on government bonds.

The interest rates are recorded for each transaction day.

The central bank rate is announced by the CBC. Deposit rates and loan rates are provided by the five leading domestic banks which post those rates on their banks' boards. The rates of short-term money market and yields on long-term government bonds are sourced from interbank money center, over the counter securities exchange, treasury department & banking department of CBC, and bills finance companies and banks.

Deposit rates and loan rates are the average of the end-of-month data for the five leading domestic banks. The rates of short-term money market and yields on long-term government bonds are weighted daily average data.

Data is revised when new data becomes available.