For Central Bonds traded over the TWSE market, a separate "settlement list" shall be prepared for the bonds, and the funds shall be included in the settlement of normal settlement trades in a different settlement list.
The securities firm shall proceed with settlement according to the "settlement list" for the Central Bonds verified as accurate, and the funds and securities receivable and deliverable shall be calculated based on the balance.
For the securities firm with settlement consideration receivable or payable, settlement procedures shall be completed in accordance with Subparagraph 1, Paragraph 2, and Subparagraph 1, Paragraph 4 of Article 104 of the Operating Rules Of The Taiwan Stock Exchange Corporation.
In case of the Central Bonds deliverable, an application for outgoing transfer shall be filed with the clearing bank on the first business day after the trade date. The clearing bank shall transfer the Central Bonds to the TWSE Central Bonds settlement account with the clearing bank by 10 am of the second business day after the trade date.
In case of Central Bonds receivable, upon payment of the settlement consideration payable according to the third paragraph above, the TWSE will request the clearing bank to transfer the Central Bonds to the Central Bonds settlement account with the clearing bank as held by the party with the Central Bonds receivable.