Lawrence Wong on Government Securities and Treasury Bills
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Lawrence Wong on Government Securities and Treasury Bills(Updated: )
More investment tools like Government bonds and short-term Treasury Bills can be issued by the Government, if higher issuing limits up to 2025 are approved by Parliament. Second Minister for Finance Lawrence Wong said this will cater to the growth in demand over the next five years. Speaking in Parliament on Tuesday (Jan 5), he said these increases do not improve the Government’s fiscal position. They aim to meet Central Provident Fund needs and cater to the growth in demand for Government Securities and Treasury Bills.