Legislation and Guidelines for SGS

The MAS is empowered to issue Singapore Government Securities (SGS) on behalf of the Government, and is responsible for developing the SGS market. It also regulates primary dealers in the SGS market.


The issuance and management of SGS is governed by the following legislation:


Subsidiary Legislation


Guidelines and Market Practices

Primary dealers are required to comply with the following rules and practices:

For more on primary dealers' requirements and responsibilities, see the Guide to SGS Primary Dealer Operations. (352.7 KB)