In forceAmended2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Government Securities (Debt Market and Investment) Act 1992 · 2020 Revised Edition · Part 3A · Reserves Management Government Securities
15B. Terms of RMGS
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Last amended by an amending law of 2022.
(1)
Every RMGS issued under this Part is redeemable at par only.
(2)
Every RMGS —
(a)
is not transferable without the consent of the Minister; and
(b)
is issued subject to such other conditions as to repayment, redemption and other matters as may be agreed between the Minister and the Authority, which may include —
(i)
repayment of the principal sum in the form of financial assets not in the form of cash or not denominated in the currency of Singapore or both; and
(ii)
redemption of the RMGS before the maturity date specified in the RMGS at the election of either the Government or the Authority.