MAS Opens Singapore Dollar Swap Market To Offshore Banks

- By FX Markets Staff
- @FXMarkets_
- 31 May 1999

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

SINGAPORE--New measures announced by the Monetary Authority of Singapore (MAS) last week will permit qualifying offshore banks to engage in Singapore dollar swaps for the first time.

The move is part of a five-year banking plan, which aims to liberalize foreign participation in the city state's previously protected domestic market.

However, the MAS has not indicated when the new measures will come into effect.

Offshore banks wishing to engage in Singapore dollar swaps will first have to acquire

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com