The Central Bank of Taiwan published March 2026 data showing banks traded derivatives with total notional turnover of TWD 27,581.3 billion, up 73.00% from the previous month. The increase primarily reflected higher foreign exchange swap and interest rate swap turnover. Foreign exchange contracts remained the largest category at TWD 20,181.6 billion, followed by interest rate contracts at TWD 7,093.4 billion, equity-linked contracts at TWD 283.9 billion, commodity contracts at TWD 20.2 billion, and credit contracts at TWD 2.2 billion. By risk category, foreign exchange contracts accounted for 73.17% of total turnover and interest rate contracts for 25.72%, with equity-linked, commodity, and credit contracts making up 1.03%, 0.07%, and 0.01% respectively. Contracts involving the New Taiwan dollar represented 47.04% of turnover and increased 99.83% month on month, while contracts between foreign currencies accounted for 52.96% and rose 54.57%. Domestic banks generated 74.17% of turnover, versus 25.83% for local branches of foreign and Mainland Chinese banks. The five largest banks by turnover were Standard Chartered Bank, CTBC Bank, Cathay United Bank, Bank SinoPac, and Taipei Fubon Bank, together accounting for 43.21% of the total.
Central Bank of Taiwan 2026-04-30
Central Bank of Taiwan reports March bank derivatives turnover rose 73.00% to TWD 27,581.3 billion led by foreign exchange contracts
The Central Bank of Taiwan reported banks’ derivatives notional turnover reached TWD 27,581.3 billion in March 2026, a 73.00% increase from February, driven mainly by higher foreign exchange and interest rate swap activity. Foreign exchange contracts accounted for 73.17% of turnover and interest rate contracts for 25.72%, with New Taiwan dollar contracts rising 99.83% month on month to 47.04% of total activity. Domestic banks generated 74.17% of turnover, and the five largest banks by turnover accounted for 43.21% of the market.