MAS subsidies drove first-time bond issuances in 2019: report
Number of bond issuances has in fact gone up since the Asian Bond Grant Scheme was launched in 2017
Singapore
SUBSIDIES from the Monetary Authority of Singapore (MAS) drove first-time bond issuances in Singapore in 2019, said its Singapore Corporate Debt Market Development 2019 report released on Friday.
The MAS noted that there was a significant increase in debutant Asian issuers in Singapore's bond market since the Asian Bond Grant (ABG) Scheme's launch in 2017. Many issuers came through the ABG Scheme.
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