Monetary Authority of Singapore Annual Report 2011/2012
Our Work

Enhancements of SGS eApps IT System

Previously, retail investors could only submit bids for SGS via the local banks’ ATMs. As part of a broader effort to expand retail accessibility to SGS, MAS provided additional features in the SGS eApps IT System to cater for retail submission of bids for SGS via internet banking in July 2011. In April 2011, MAS started to issue short-term MAS Bills as part of its money market operations. New tenors of MAS Bills and SGS were also introduced since Q1 2012. In support of these efforts to enlarge the pool and diversity of regulatory assets available in the market, MAS also enhanced the SGS eApps IT System to facilitate the submission and auction of different tenors of MAS Bills and SGS. The system enhancements have enabled financial institutions to improve their liquidity management.