New Bill for the Monetary Authority of Singapore to Subscribe to New Types of Government Debt for Reserve Transfers

Posted on 11/03/2021

An amendment bill was introduced on November 1, 2021 by Tharman Shanmugaratnam, the 5th Senior Minister of Singapore, and Chairman of the Monetary Authority of Singapore (MAS). Tharman Shanmugaratnam’s amendment bill will permit the central bank to subscribe for reserves management government securities (RMGS) issued by the Singapore government. This new, non-marketable security is government […]

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