Standing Committee on Covered Bonds

The ABS Standing Committee on Covered Bonds has been established on 22 July 2015 with the specific purpose of representing and promoting the interest of the covered bond markets and covered bond issuers in Singapore and at the international level.

The primary objectives of this Committee are:

  • To enhance and promote both the visibility and diversity of covered bonds as a specific high quality asset class,
  • To act as a network and a platform for the exchange of information between its members and market players including investment banks and rating agencies,
  • To study measures that could be adopted at the global level and advocate its members’ positions and market-related initiatives, and
  • To act as the national coordinator for the Singapore covered bond market.

The Committee is currently represented as follows:

Chairman DBS Bank
Members Maybank
Standard Chartered Bank
United Overseas Bank
Observer Monetary Authority of Singapore

Membership of the Committee will be expanded to include locally incorporated foreign banks who are potential issuers of covered bonds in Singapore.

ABS is a member of the European Covered Bond Council (ECBC).

For enquiries, please email ABS at banks@abs.org.sg.