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Global-Asia Digital Bond Grant Scheme (G-ADBGS)

Global-Asia Digital Bond Grant Scheme (G-ADBGS)

Provides external review support for digital bond issuance using distributed ledger structures in Singapore.

OpenMonetary Authority of SingaporeSingapore
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About

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…

What this grant funds

Digital bonds (DLT-based) with Asian nexus, minimum SGD 100m, issued on Singapore digital asset platforms, listed on SGX or a designated digital platform.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.31 Dec 2029
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.70%
Funding pooliThe total budget available across all awards in this round.—
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Last verified: 22 Jul 2026Source: www.mas.gov.sg