Expansion of Singapore's Global-Asia Bond Grant Scheme
The Monetary Authority of Singapore has renamed and expanded the Global-Asia Bond Grant ("G-ABG") scheme (previously known as the Asian Bond Grant scheme). The scheme was launched on 1 January 2017 to further develop Singapore’s bond market by supporting bond issuances by Asian issuers in Singapore. The scheme aims to co-fund eligible expenses attributable to the issuance of Asian bonds in Singapore (including arranger’s, legal, auditors’, credit rating and listing fees).
We set out below further information on the expanded G-ABG scheme.