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SINGAPORE - Capital Market Infrastructure Summary

Central Securities Depositories
Central Depository Pte Ltd (CDP)
Monetary Authority of Singapore (MAS)

BIS Model
Model 1

Settlement Cycle
T+3 for Equities
T+3 for Listed corporate bonds
T+5 generally but negotiable for Unlisted corporate bonds
T+1 for government bonds

In early 2014, the Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) announced a move to T+2 settlement by 2016.

The Central Depository Pte Limited ("CDP"), a wholly-owned subsidiary of Singapore Exchange Ltd ("SGX"), provides

Key terms defined in our glossary:

Central Securities Depository
BIS Model 1
Settlement Cycle

The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.