SUBSCRIBERS

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

Vivienne Tay
Published Mon, Nov 2, 2020 · 09:50 PM

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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