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Article NO. Content

Title:

Taiwan Stock Exchange Corporation Securities Borrowing and Lending Rules  CH

Amended Date: 2019.09.26 
Categories: Securities Exchange Market > Borrowing of Securities
Article 55-3     A borrowing securities firm providing pledged book-entry central government bonds to satisfy a requirement for securities borrowing collateral or for covering of a shortfall in securities borrowing collateral arising from a reborrowing of securities or to replace any non-cash collateral, shall first effect a restricted transfer registration with a clearing bank, and then, by 11 am on the borrowing or reborrowing date, as the case may be, transfer the bonds into a book-entry central government bond account designated by the TWSE.
    The posted book-entry central government bonds shall be valued at 90 percent of their face value.