Global-Asia Digital Bond Grant Scheme (G-ADBGS)
Provides external review support for digital bond issuance using distributed ledger structures in Singapore.
The Global-Asia Digital Bond Grant Scheme (G-ADBGS) was launched by MAS on 15 January 2025 under the Financial Sector Development Fund (FSDF) and runs until 31 December 2029. The scheme catalyses the issuance and broader market adoption of digital bonds — bonds issued on distributed ledger technology (DLT) platforms — by reimbursing a portion of eligible issuance expenses. It is the first MAS gran…
Digital bonds (DLT-based) with Asian nexus, minimum SGD 100m, issued on Singapore digital asset platforms, listed on SGX or a designated digital platform.
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Guides for this application
All guides →Grant Financials and Co-Funding Evidence: Examples for Startup Applications
See examples of grant financials, match funding evidence, co-funding tables, accountant letters, investor commitments, and budget-to-work-plan checks.
Submit & reportGrant Reporting Requirements: Post-Award Reports and Compliance
Learn what grant reporting requirements cover, how financial and performance reports work, what to track after an award, and how to avoid post-award compliance mistakes.
BudgetGrant Budget Justification: How to Write the Budget Narrative
Learn how to write a grant budget justification, explain R&D costs, avoid weak budget narratives, and connect each cost to your work plan.
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