The Singapore's Monetary authority, the Monetary Authority of Singapore (MAS) announced that it will introduce an Asia Bond Grant
for Asian to issuers to raise international capital in Singapore.
The Asian issuance with qualifying for the grant will be able to offset up to 50 percent of one time issuance costs such as international legal fee, arranger fees, and credit rating fees.
MAS initiative is among several others by the authority aimed at strengthening Asia's bond markets. Said deputy managing director Jacqueline Loh
MAS will also proceeding to work with industry to deepen liquidity in the secondary market, Said Loh.