Media Releases
Published Date: 05 August 1999

Sixteen Financial Institutions Accorded Approved Bond Intermediary (ABI) Status

MAS Sets Up New Committee to Oversee Bond Market Developments

5 Aug 1999 



Chairman :Mr Koh Yong Guan
Managing Director
Monetary Authority of Singapore (MAS)
Deputy Chairman :Mr Lam Chuan Leong
Permanent Secretary
Ministry of National Development (MND)
Members :To comprise senior representatives from Monetary Authority of Singapore, Ministry of Finance as well as other relevant Government agencies.

The Debt Market Committee will :

  • review and refine strategies to develop the debt market and encourage public and private sector bond raising;

  • oversee and coordinate the implementation of all strategies in developing the debt market;

  • monitor and review the progress of debt market developments, including obtaining regular updates of activities from other relevant agencies;

  • work closely with the industry to review and develop a regulatory environment necessary infrastructure that is conducive to the growth of the debt market.