AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Average interest rate for 182-day NCDs hit 3-month high.

Asia Africa Intelligence Wire

| August 29, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Taiwan Economic News)

Taipei, Aug. 29, 2002 (CENS)-- The weighted average interest rate for 182-day negotiable certificates of deposits (NCDs) auctioned off by the Central Bank of China (CBC) yesterday rose to a three-month high of 2.052% per annum, according to market sources

The CBC yesterday floated NT$5.95 billion worth of 182-day NCDs for sales to banks on a bidding basis, and the weighted rate for such NCDs rose two basis points from the previous issuance to a three-month high of 2.052%

The central bank also auctioned off NT$10.65 billion in 91-day NCDs, and the weighted average rate for such NCDs edged down 0.4 of a basis point to 2.002% per annum

...
Related articles from newspapers, magazines, journals, and more
Central Bank turns cautious in interest rate policy.
News wire article from: Asia Africa Intelligence Wire June 12, 2005 700+ words
...to May 2005. The Central Bank, in a study on inflation...Analysts saw the interest rate move as a cautious...to imports: The Central Bank interest rate decision affects...interest rates. The Central Bank last week announced...
Wrapup: Chinese central bank adjusts interest rate, XINHUA.
News wire article from: Worldsources Online October 28, 2004 700+ words
...percent. The central bank will also broaden...of the lending interest rate of RMB -- the...release said. The central bank will also broaden...scope of lending interest rate for financial...cooperatives, the central bank said, the upper...their lending ...
Political Parties Respond to Central Bank Interest Rate Cut.
News wire article from: Europe Intelligence Wire January 16, 2003 700+ words
...the National Bank of Hungary interest rate cut was necessary for three...benchmark rate. He said the central bank had several reasons for the...past few days proved that the central bank's interest rate policy was a failure. The...
Thailand: Banker says key central bank interest rate likely to fall to 1% this...
News wire article from: Thai Press Reports January 16, 2009 700+ words
...likely to see the key interest rate fall further to 1...Thailand would reduce the interest rate again within the first...Taking its cue from the central bank, GH Bank would soon...Based on the key interest rate at 1%, GH's mortgage...
Indonesia's central bank interest rate falls to 10.07 pct, XINHUA.
News wire article from: The America's Intelligence Wire June 12, 2003 700+ words
...June 12 (Xinhua) -- The interest rate on Bank Indonesia's one-month...lower rate is in line with the central bank's promise of more room for...said in a meeting Tuesday the interest rate will continue to fall to support...
Taiwan central bank cuts interest rate on reserves.
Newspaper article from: BBC Monitoring International Reports December 16, 2008 700+ words
...page: "Taiwan Central Bank Cuts Interest Rate on Reserves"] TAIPEI, Taiwan - Taiwans central bank cut the interest rate it pays banks for...per cent before the central bank cut its key interest rate last week, according...
Central bank interest rate policy is expensive for exporters,.
News wire article from: Europe Intelligence Wire January 11, 2005 700+ words
...leader Sandor Burany called the National Bank of Hungary's interest rate policy "hesitant and more cautious than necessary", citing...past year or two. A new amendment to the law governing the central bank is really a return to pre-2001 conditions, when the prime...
Hungarian central bank raises interest rate to 12.5 percent.
News wire article from: Europe Intelligence Wire November 28, 2003 700+ words
...Presse) Hungary's central bank on raised its benchmark interest rate by 300 basis points...5 percent, the central bank announced. The...criticised the central bank and the finance...their unpredictable interest rate and currency policies...
Banking association would welcome central bank interest rate.
News wire article from: Europe Intelligence Wire November 18, 2002 700+ words
...the banks billions of forints, but would reduce the interest rate on personal loans, he added. However, a joint plan of the banking association, the finance ministry and the central bank was dropped, after the commissioner for data protection...
Banking association would welcome central bank interest rate cut.
News wire article from: Europe Intelligence Wire November 18, 2002 700+ words
...Budapest, November 18, 2002 (MTI-ECONEWS) - Hungary's commercial banks "would not protest against a central bank interest rate cut," Hungarian Banking Association chairman Tamas Erdei announced at a news conference on Monday The banking...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA