TAIWAN ISSUES MORE CDS TO CURB MONEY SUPPLY GROWTH
The central bank issued 7.53 billion
Taiwan dlrs worth of certificates of deposits (CDs), bringing
issues so far this year to 174.48 billion against 40 billion a
year ago, a bank spokesman said.
    The new CDs, with maturities of six months, one and two
years, carry interest ranging from 4.03 to 5.12 pct.
    The issues are designed to help curb the growth of M-1b
money supply.
 REUTER
