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SDDS (Special Data Dissemination Standard)
The Republic of China
|Contact person||Financial Statistics Section |
Economic Research Department, Central Bank of the Republic of China (Taiwan)
Internet e-mail: email@example.com
|( x ) News release |
( ) Weekly ( x ) monthly ( ) quarterly bulletin
( ) Other
|( x ) On-line country bulletin board or database |
( ) Diskette ( ) CD ROM ( ) Other
The Data: Coverage, Periodicity, and Timeliness
|Coverage characteristics||Data are disseminated on the following rates(as the percentage per annum) :|
(1)The central bank's discount rate(the policy variable rate).
(2)Deposit rate: average of 1-year deposit rates for five leading domestic banks.
(3)Loan rate: average of base lending rates for five leading domestic banks.
(4)Short-term money market rate: weighted average of overnight interbank interest rates.
(5)Long-term government bond yield: weighted average yield on 10-year government bonds, which have the highest transaction volume in the secondary market.
|Periodicity||On the day the change is made for the central bank's discount rate. Daily data (released by weighted average or at the end of month) for all other rates and yields.|
|Timeliness||The same day for data on change in the central bank's discount rate. The next business day, for all other rates and yields.|
Access by the Public
|Advance dissemination of release calendar||An advance release calendar is disseminated on the CBC's Internet website. A one-week ahead notice of the confirmed/revised calendar is available in a press release issued in the morning of the first day of the release week. When the central bank rate is changed, the data are simultaneously disseminated in a press release to the public.|
|Simultaneous release to all interested parties||Data are released at the CBC's press conference and are simultaneously available on the CBC's Internet website.|
|Dissemination of terms and conditions under which official statistics are produced, including ...
confidentiality of individual responses
|Article 21 of Central Bank of the Republic of China (Taiwan) Act provides that the CBC shall determine the discount rate and other accommodation rates, and make them public. Article 39 provides that the CBC shall collect and compile financial data for the purpose of monetary policies and economic research.|
|Identification of internal government access to data before release||There is no internal government access to the data before release to the public.|
|Identification of ministerial commentary on the occasion of statistical releases||No commentary is attached to the release of the data.|
|Provision of information about revision and advance notice of major changes in methodology||The data included in the CBC's Internet website and the "Financial Statistics Monthly" are final. Rivisions are indicated in the data with "R". There is no advance notice of major changes in methodology.|
|Dissemination of documentation on methodology and sources used in preparing statistics||Explanatory notes are provided on the CBC's Internet website, and also in the January and July issues of the "Financial Statistics Monthly." (See also summary methodology)|
|Dissemination of ... that support statistical cross-checks and provide assurance of reasonableness||The "Financial Statistics Monthly" provides time series data for various interest rates by type, maturity and instrument respectively.|
|Notes: Summary page on observance|