March 23, 2020 / 9:03 AM / 11 days ago

Taiwan c.bank to start small scale test repo operations from April

TAIPEI, March 23 (Reuters) - Taiwan’s central bank will start small scale test repo operations from April, a bank official told Reuters, as part of its efforts to ensure sufficient market liquidity during volatility caused by coronavirus uncertainty.

The bank said last week at its quarterly meeting it would expand the scope of repurchase facility operations. (Reporting by Liang-sa Loh and Yimou Lee; Writing by Ben Blanchard; Editing by Toby Chopra)

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