Taiwan Brokerage Deposits Drop NT$80.2 Billion in June

Taiwan’s central bank tracks M1B and M2 to gauge liquidity across the economy and financial markets. M1B covers currency and highly liquid deposits, while M2 includes a broader pool of savings and other monetary instruments. Deposits in brokerage settlement accounts are closely watched as a proxy for retail investors’ readily available stock-market funds, making shifts in the balance relevant to equity-market momentum.

The central bank’s latest financial data showed brokerage settlement deposits fell by NT$80.2 billion in June to NT$4.4237 trillion as growth in the accounts slowed. The decline helped push M1B growth down to 9.4% from a year earlier. By contrast, M2 growth accelerated to 8.13%, highlighting a divergence between narrower transaction-ready liquidity and the broader money supply.