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Singapore legislation

Regulation 12

of Government Securities (Debt Market and Investment) Regulations 2023

Regulation 12

Methods of allotment

Subregulation 1

The Authority may allot Government securities or Treasury Bills upon an application pursuant to a public notice —

(a)

in the case of transferable Government securities or Treasury Bills — under a multiple pricing method or a uniform pricing method; or

(b)

in the case of non-transferable Government securities — under a quantity ceiling method.

Subregulation 2

The method of allotment of any Government security or Treasury Bill must be specified in the public notice for the issue of that Government security or Treasury Bill.