The Central Bank of Taiwan published its April 2026 summary of the interbank call loan and commercial paper markets, showing an unchanged weighted average overnight interbank call loan rate of 0.823%, stronger interbank call loan activity, and higher commercial paper rates. Total interbank call loan turnover rose 3.38% month on month to TWD 2,298 billion, average daily turnover increased 13.76% to TWD 114.9 billion, and the daily average outstanding balance increased 8.19% to TWD 474 billion. Domestic banks remained the main participants in the interbank call market, accounting for 56.14% of borrowing and 82.36% of lending, while bills finance companies held a 25.19% share of borrowing. In the commercial paper market, the preliminary average rate on 1 to 30 day paper increased to 1.76% in the primary market and to 1.55% in the secondary market. Outstanding short-term bills in the TDCC Bills Clearing and Settlement System rose 4.82% to TWD 4,303.5 billion at end-April, including TWD 4,073.6 billion of commercial paper, while total short-term bill turnover fell 5.02% to TWD 5,313.8 billion and commercial paper turnover fell 4.01% to TWD 4,905.8 billion.
Central Bank of Taiwan 2026-05-08
Central Bank of Taiwan reports unchanged 0.823% April overnight call rate as interbank turnover rises and commercial paper rates edge up
The Central Bank of Taiwan reported that the weighted average overnight interbank call loan rate was unchanged at 0.823% in April 2026, while interbank call loan activity strengthened and commercial paper rates increased. Total interbank call loan turnover rose 3.38% month on month to TWD 2,298 billion, with domestic banks remaining the main borrowers and lenders, and outstanding short-term bills in the TDCC Bills Clearing and Settlement System increased 4.82% to TWD 4,303.5 billion despite declines in overall short-term bill and commercial paper turnover.