The Open Tender for the 5th Short-Term Borrowing of Taipei City’s Debt Fund in Fiscal Year 2022 is Successfully Completed.
In response to the need for debt management, the Department of Finance (DOF), Taipei City Government (TCG) held an open tender for the fifth short-term borrowing of NT$7 billion of Taipei City’s debt fund in Fiscal Year 2022. The short-term borrow of this phase was also open for 3-month, 6-month, and 364-day quotations. One financial institution participated in the bidding process, and the winner of the bidding was Taiwan Cooperative Bank on October 28, 2022. Based on the quotation submitted during the price comparison, the winner had offered an annual interest rate of 1.31%.
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