Government Securities (Debt Market and Investment) Regulations 2023
Table of Contents
Enacting Formula
Part 1 PRELIMINARY
1 Citation and commencement
2 Definitions
3 Methods of issue
Part 2 APPLICATIONS FOR GOVERNMENT SECURITIES AND TREASURY BILLS
4 How to make application upon public notice
5 Who can make application
6 Competitive and non-competitive applications for transferable Government securities or Treasury Bills
7 Application for non-transferable Government securities
8 Cut-off time for applications
9 Cancellation of auction or allotment
10 Variation in amount of Government securities or Treasury Bills to be allotted
Part 3 ALLOTMENT OF GOVERNMENT SECURITIES AND TREASURY BILLS
Division 1 — General
11 Limits on allotment
12 Methods of allotment
Division 2 — Allotment of transferable Government securities or Treasury Bills
13 Allotment under multiple pricing method
14 Allotment under uniform pricing method
Division 3 — Allotment of non‑transferable Government securities
15 Allotment under quantity ceiling method
Division 4 — Notification of successful application
16 Notification of successful application
Part 4 ISSUANCE OF TRANSFERABLE GOVERNMENT SECURITIES BY SYNDICATION
17 Appointment of syndicate members, etc.
18 Issue by syndication must be expressly stated in public notice
19 Cancellation of syndicated issue
20 Determination of yield under syndication method
21 Publication of syndication results
Part 5 INTEREST AND REDEMPTION
22 Interest
23 Interest payments
24 Interest payments for book-entry Government securities
25 Redemption
Part 6 GENERAL PROVISIONS
26 Correction or resubmission of application
27 Inadequate applications
28 Payment for allotted Government securities or Treasury Bills
29 Transfers
30 Re-opened issues of transferable Government securities
31 Private placements
32 Revocation
33 Saving and transitional provisions