Operational Information

Settlement process - Taiwan

Market Coverage | Taiwan

Reference

Service level
CBL
Last Updated
19.09.2014

Settlement cycles

TDCC-eligible international bonds (Foreign Currency Denominated Bonds):      T+3

Settlement flow

Pre-matching applies but is not binding.

Cash settlement

Trades in Taiwanese international bonds are settled on a free of payment (FOP) basis; there is no cash settlement in the market.

Any cash settlement between counterparties must be arranged separately and handled outside the market settlement mechanism.

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