Current Rating
Rating FAQ
Long-term  :   twAAA
Short-term  :   twA-1+
Outlook  :  Stable
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2021/04/23 twAAA Stable twA-1+
2016/11/01 twAA+ Stable twA-1+
Research Analysis
Publish Date Subject
2024/09/13 Research Update: Taiwan High Speed Rail Corp. 'twAAA/twA-1+' Ratings Affirmed; Outlook Stable
2023/09/25 Research Update: Taiwan High Speed Rail Corp. 'twAAA/twA-1+' Ratings Affirmed; Outlook Stable
2023/02/23 Bulletin: Taiwan High Speed Rail To Operate At Full Speed In 2023
2022/09/21 Research Update: Taiwan High Speed Rail Corp. 'twAAA/twA-1+' Ratings Affirmed; Outlook Stable
2021/09/28 Research Update: Taiwan High Speed Rail Corp. 'twAAA/twA-1+' Ratings Affirmed; Outlook Stable
2021/04/23 Media Release: Various Rating Actions On Taiwan Government-Related Entities Following S&P Global Ratings' Upgrade Of Taiwan
2020/09/25 Research Update: Taiwan High Speed Rail Corp. 'twAA+/twA-1+' Ratings Affirmed; Outlook Stable
2020/07/13 Bulletin: Taiwan High Speed Rail Could Soon See The Light At The End Of Tunnel For COVID-19
Last 5 Years Issue Rating History
Series Amount
(Million)		 Issue Date Maturity Date
 Coupon Rate
(%)		 Rating Rating Date
None
*Taiwan Ratings maintains continuous surveillance over its ratings and the “Rating date” below refers to the last date on which the ratings/outlook have been changed or the ratings on/off CreditWatch.
*Unless there is a material change in our rating views on a given entity, Taiwan Ratings does not update the “Rating date,” which is accordance with the general international practice for rating disclosures.