2005, we introduced an electronic bond trading platform
(SGS E-bond) for secondary trading of Singapore Government
Securities (SGS) among primary dealers. The launch
of the MAS E-bond platform has significantly improved
market transparency, by making available information
on transaction time, prices, and volumes for trades
executed between primary dealers using the platform.
This has enhanced market stability and encouraged
wider participation in the SGS secondary market.
The platform is currently available only to
primary dealers. It may be expanded to include
other market participants such as non-primary
dealer banks and insurance companies. It could
also be enhanced to allow trading of other financial