Regulatory Alerts2021-09-27
Added · Updated
Notice 762 Obligations of Primary Dealers (MAS-issued Securities)
Primary dealers appointed under section 145 of the Monetary Authority of Singapore Act must apply for book-entry MAS securities in every auction invitation and bid for at least 1/x of the issuance amount, where x is the number of appointed dealers. Additionally, these dealers are required to quote effective two-way prices for all requested book-entry MAS securities sale and repurchase agreements, as well as outright purchase or sale transactions, under all market conditions. These obligations apply to all primary dealers in the book-entry MAS securities market and take immediate effect.
More like this from MAS
We email you every new MAS publication the day it's published.
Topics
Share