Singapore extends its Global-Asia Bond Grant Scheme and launches new Global-Asia Digital Bond Grant
January 2025
The Monetary Authority of Singapore has announced (i) an extension of the Global-Asia Bond Grant Scheme (“G-ABGS”) and (ii) the introduction of a new Global-Asia Digital Bond Grant Scheme (“G-ADBGS”).
Since its inception in 2017, the G-ABGS has supported bonds issued in Singapore by first-time issuers with an Asian nexus, and facilitated the growth of Singapore’s bond market. The new G-ADBGS has been introduced to support the issuance of digital bonds in Singapore, given the product’s potential to improve operational efficiency and lower costs. A core aim of the G-ADBGS is to catalyse broader market adoption of digital bonds in Singapore, which is widely seen as a vital step in fostering the continued development of the digital bond market and investor base.
In this newsletter, we look at further details of the extended G-ABGS and the new G-ADBGS.
