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Central Bank of the Republic of China

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How to apply for settlement at issuance?

Before purchasing book-entry securities (as stated in buying CGS in the primary market), you should first open a securities account and a fund account with clearing banks designated by the CBC.

After you successfully subscribe securities, you should make payments to the dealer that acts as bidding agent for you or to the Chunghwa Post where you register subscriptions. The dealer or the Chunghwa Post will sum up purchase funds and submit to clearing bank on your behalf to perform settlement at issuance.
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