According to the plan for regular and appropriate issuance of government bonds in 2015, the Ministry of Finance will entrust the Central Bank to auction NT$30 billion of "114A7" government bonds on June 10, 2015. The term is 10 years, the issuance date is June 13, 2015, and the maturity date is June 13, 2025.
The Treasury Department said that only central government bond dealers can bid in this bond auction. Starting from 2014, the minimum winning bid amount of central government bond dealers is set at 0.3% of the government bond issuance amount of the previous year as the lower limit of the minimum winning bid amount for the next year. The amount of government bonds issued in 2014 is NT$538 billion, rounded to the nearest NT$100 million. In 2015, the total amount of bids won by each trader must not be less than NT$1.6 billion to maintain the bidding mechanism. Individuals and other legal entities are requested to entrust traders to participate in the bidding in their name. The public bonds shall be sold by competitive bidding, with priority given to those whose bid rates are much lower than the set reserve rate, and the winning bidders shall pay the price calculated based on the highest rate of interest among all the winning bidders.
Contact person for press release: Chief Lai Contact number: 02-23228352
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