Announcement and Results

  • Only institutional investors, as defined in Section 4A of the Securities and Futures Act (Cap.289), may apply for MAS Bills.
  • Any application by an entity or person who is not an institutional investor will be rejected.
  • This MAS bill is a "Qualifying Debt Security" ("QDS") eligible for the tax incentives approved by the Minister for Finance for QDS issued up till 31 December 2023. More information on QDS incentives is available here.
  • If MAS’ electronic payment system is not operating on the issue, application closing, coupon payment or redemption date, the transaction will take place on the next business day.
  • MAS Bills are non-coupon bearing securities.