Singapore Government Securities Application

By proceeding, you confirm that you have read, understood and agree to:

  1. the Bank’s Terms & Conditions Governing Singapore Government Securities Transactions, including the General Risk Disclosure Statement in Schedule 1 and the Custody Terms in Schedule 2;
  2. the Government Securities Act and the Government Securities Regulation, which are available at www.mas.gov.sg;
  3. the Central Depository (Pte) Limited ("CDP") terms and conditions for operation of securities accounts which is available at www.sgx.com/cdp
  4. the Bank’s terms and conditions governing electronic services; and
  5. the Bank’s Terms and Conditions Governing SRS Accounts where you are investing using funds from your Supplementary Retirement Scheme account (“SRS Account”).

“Bank” means DBS Bank Limited and its appointed agent(s), where applicable. The Bank’s terms and conditions mentioned above are available at https://go.dbs.com/sgs-termsconditions

In addition, by proceeding, you consent to DBS retrieving your CPF Investment Scheme (CPFIS) data for the purposes of this investment.

We wish to highlight the key points below. These are contained in the Bank’s terms and Conditions but should not be treated as a substitute for reading them in full.

  1. For primary market applications, your applications will be passed on to MAS. MAS reserves the right to allot in full or partially for applications submitted, or to reject any application.
  2. The SGS allotted to you will be credited into your personal CDP securities account provided by you under this application (“CDP Account”) or if SRS funds are used, to your SRS Account with the Bank.
  3. The Bank shall not be liable for any losses, expenses or damages in connection with this application except to the extent caused by the Bank's wilful misconduct or fraud.

The following disclosures highlight certain risks and are not exhaustive.

Key Risks Disclosures
All investments come with risk and you can lose some or your entire investment amount. SGS, including Singapore Savings Bonds, are not bank deposits and are not eligible for deposit insurance coverage under the Singapore Deposit Insurance Scheme.

Custody Risks Disclosures
Where you use your SRS funds for the SGS investments, your SGS securities will be held in custody with the Bank. These may be deposited together or commingled with other SGS securities belonging to the customers of the Bank in an omnibus custody account. This means that you may not receive the identical securities deposited in custody. The Bank will, however, return you the securities that are of the same class, denomination, quantity and nominal amount (and rank equally) with those originally deposited with or transferred to the Bank. While the Bank will maintain records of your interests in the securities, your right to the securities may not be easily identified from documentation such as separate certificates, other documents of ownership or equivalent electronic records.

Further, you may not be able to withdraw your securities, or may lose some, or even all your securities, if the Bank become insolvent. Any shortfall in relation to the value of securities may be apportioned to you and other customers. Delays in identifying individual investments in such situations may result in an increased risk of loss