Significant Infrastructure Government Loan Regulations 2021

Significant Infrastructure
Government Loan Act 2021

(Section 24)

Significant Infrastructure Government
Loan Regulations 2021

2025 REVISED EDITION

(2 June 2025)

[18 September 2021]

PART 1

PRELIMINARY

Citation

1.  These Regulations are the Significant Infrastructure Government Loan Regulations 2021.

Definitions

2.  In these Regulations, unless the context otherwise requires —

“application” means —

(a) in Part 2 — an application to purchase one or more SINGA securities issued after conducting an auction in accordance with Part 2;

(b) in Part 3 — an application to purchase one or more SINGA securities issued by syndication in accordance with Part 3; and

(c) in Part 5 — an application to purchase one or more SINGA securities issued after conducting an auction in accordance with Part 2 or issued by syndication in accordance with Part 3, as the case may be;

“approved” means approved by the Minister;

“auction day” means the date specified in a public notice as the auction day of an issue of SINGA securities;

“bid yield” means the yield expressed in an application;

“maturity date” means a date on which any SINGA security is redeemable at par;

“multiple pricing method” means the manner of allotting SINGA securities set out in regulation 12;

“public notice” means a public notice under section 17(2) of the Act inviting the public to apply to take up an issue of SINGA securities specified in the public notice;

“relevant electronic service” means an internet-based electronic service provided by the MAS for the purposes of these Regulations (even if there are other purposes), the terms of use of which are specified in agreements between the MAS and users of the service (which may take the form of a user guide);

“SINGA security” means a security issued under the Act;

“uniform pricing method” means the manner of allotting SINGA securities set out in regulation 13.

Methods of issue

3.  SINGA securities may be issued after conducting an auction in accordance with Parts 2 and 5, or by syndication according to Parts 3 and 5.