Regulation 2

in Parts 2 and 3 — an application to purchase one or more Government securities or Treasury Bills issued after conducting an auction in accordance with Division 2 of Part 3 or by a quantity ceiling method in accordance with Division 3 of Part 3;

in Part 4 — an application to purchase one or more transferable Government securities issued by syndication in accordance with Part 4; and

in Part 6 — an application to purchase one or more Government securities or Treasury Bills issued after conducting an auction in accordance with Division 2 of Part 3 or by a quantity ceiling method in accordance with Division 3 of Part 3, or one or more transferable Government securities issued by syndication in accordance with Part 4, as the case may be;“auction day” means the date specified in a public notice as the auction day of an issue of transferable Government securities or Treasury Bills;“bid yield” means the yield expressed in an application;“cut-off time” has the meaning given by regulation 8;“maturity date” means a date on which any Government security or Treasury Bill is redeemable at par;“multiple pricing method” means the manner of allotting transferable Government securities or Treasury Bills set out in regulation 13;“non-transferable Government securities” means book‑entry Government securities that, under the terms of their issue, cannot be transferred or pledged except with the prior written approval of the Authority;“public notice” means a public notice under section 30(2) of the Act inviting the public to apply to take up an issue of Government securities or Treasury Bills specified in the public notice;“quantity ceiling method” means the manner of allotting non‑transferable Government securities set out in regulation 15;“relevant electronic service” means an internet‑based electronic service provided by the Authority for the purposes of these Regulations (even if there are other purposes), the terms of use of which are specified in agreements between the Authority and users of the service (which may take the form of a user guide);“transferable Government securities” means book‑entry Government securities that are not prohibited under the terms of their issue from being transferred or pledged;“uniform pricing method” means the manner of allotting transferable Government securities or Treasury Bills set out in regulation 14;“yield” means the rate of return on any Government security or Treasury Bill computed based on —

the price of the Government security or Treasury Bill; (b)the total interest payments (if applicable); and

the period commencing from the date of issue of the Government security or Treasury Bill to its maturity date.