NewsHK
Taiwan's overnight interbank lending rate began the session at 0.805%, unchanged from the prior market open.
Back-to-back identical openings point to settled near-term conditions in the island's short-term funding market.
Short-tenor rates as a liquidity signal The overnight interbank rate measures the cost of the shortest possible loan between banks: one day.
When banks need funds urgently, the rate rises; when liquidity is plentiful, it eases or holds.
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