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. Find out more about tax.
  • 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.