Understanding Singapore’s Bond Market
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 and MAS-issued securities market.
The issuance and management of SGS is governed by the following legislation:
Guidelines and Market Practices
Primary dealers are required to comply with the following rules and practices: