T-bills and SGS Bonds

Besides Singapore Savings Bonds (SSB), you may consider investing in other Singapore Government Securities (SGS) such as Singapore Treasury bills (T-bills) and SGS bonds. Unlike the SSB, T-bills and SGS bonds are sold via auctions. Bidding for T-bills and SGS bonds may seem a little daunting at first, but not if you are equipped with knowledge and data. Bid wisely, and bid like a Pro!

5-Year SGS Bond is open for application.

SGS Benchmark Yields (Yield Curve) - 22 Jun 2026

Tenor6-Month1-Year2-Year5-Year10-Year15-Year20-Year30-Year50-Year
Yield (%)1.461.451.651.772.112.132.122.162.16

Source: Daily SGS Prices (MAS)

View by Tenor View by Auction Date

6-Month T-bill

AnnouncementAuctionIssueMaturityCodeStatusCut-Off Yield (%)Cut-Off Price
11 Jun 202618 Jun 202623 Jun 202622 Dec 2026BS26112TClosed1.4799.267
25 Jun 202602 Jul 202607 Jul 202605 Jan 2027BS26113XUpcoming
09 Jul 202616 Jul 202621 Jul 202619 Jan 2027BS26114WUpcoming
23 Jul 202630 Jul 202604 Aug 202602 Feb 2027BS26115NUpcoming
05 Aug 202613 Aug 202618 Aug 202616 Feb 2027BS26116VUpcoming

View The Most Recent Issue, Recent 6-Month Yield, Auction Details and Statistics

1-Year T-bill

AnnouncementAuctionIssueMaturityCodeStatusCut-Off Yield (%)Cut-Off Price
09 Apr 202616 Apr 202621 Apr 202620 Apr 2027BY26101HClosed1.4698.544
16 Jul 202623 Jul 202628 Jul 202627 Jul 2027BY26102TUpcoming

View The Most Recent Issue, Recent 1-Year Yield, Auction Details and Statistics

2-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
20 May 202626 May 202602 Jun 202601 Aug 2028ReopenN523100WClosed1.60103.663
23 Jul 202629 Jul 202603 Aug 202601 Apr 2029ReopenN524100XUpcoming

View The Most Recent Issue, Recent 2-Year Yield, Auction Details and Statistics

5-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
22 Jan 202628 Jan 202602 Feb 202601 Apr 2030ReopenN525100TClosed1.61104.418
22 Jun 202626 Jun 202601 Jul 202601 Jul 2031ReopenNX21100NOpen
22 Oct 202628 Oct 202602 Nov 202602 Nov 2031NewN526100HUpcoming

View The Most Recent Issue, Recent 5-Year Yield, Auction Details and Statistics

10-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
22 Apr 202628 Apr 202604 May 202601 Mar 2035ReopenNX25100HClosed2.09105.771
21 Aug 202627 Aug 202601 Sep 202601 Aug 2036ReopenNZ16100XUpcoming

View The Most Recent Issue, Recent 10-Year Yield, Auction Details and Statistics

15-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
20 Jun 202526 Jun 202501 Jul 202501 Jul 2040NewNY25200NClosed2.3598.742
22 Sep 202628 Sep 202601 Oct 202601 Jul 2040ReopenNY25200NUpcoming

View The Most Recent Issue, Recent 15-Year Yield, Auction Details and Statistics

20-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
19 Feb 202625 Feb 202602 Mar 202601 Mar 2046ReopenNA16100HClosed2.13110.060

View The Most Recent Issue, Recent 20-Year Yield, Auction Details and Statistics

30-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
23 Mar 202627 Mar 202601 Apr 202601 Jun 2054ReopenNA24300EClosed2.57114.649

View The Most Recent Issue, Recent 30-Year Yield, Auction Details and Statistics

50-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
22 Sep 202526 Sep 202501 Oct 202501 Aug 2072ReopenNC22300WClosed2.16125.166

View The Most Recent Issue, Recent 50-Year Yield, Auction Details and Statistics

Auctions Calendar

AnnouncementAuctionIssueMaturityTenorTypeCodeStatusCut-Off Yield (%)
20 May 202626 May 202602 Jun 202601 Aug 20282-YearSGS BondN523100WClosed1.60
26 May 202604 Jun 202609 Jun 202608 Dec 20266-MonthT-billBS26111HClosed1.48
11 Jun 202618 Jun 202623 Jun 202622 Dec 20266-MonthT-billBS26112TClosed1.47
22 Jun 202626 Jun 202601 Jul 202601 Jul 20315-YearSGS BondNX21100NOpen
25 Jun 202602 Jul 202607 Jul 202605 Jan 20276-MonthT-billBS26113XUpcoming
09 Jul 202616 Jul 202621 Jul 202619 Jan 20276-MonthT-billBS26114WUpcoming
16 Jul 202623 Jul 202628 Jul 202627 Jul 20271-YearT-billBY26102TUpcoming
23 Jul 202629 Jul 202603 Aug 202601 Apr 20292-YearSGS BondN524100XUpcoming
23 Jul 202630 Jul 202604 Aug 202602 Feb 20276-MonthT-billBS26115NUpcoming
05 Aug 202613 Aug 202618 Aug 202616 Feb 20276-MonthT-billBS26116VUpcoming
20 Aug 202627 Aug 202601 Sep 202602 Mar 20276-MonthT-billBS26117AUpcoming
21 Aug 202627 Aug 202601 Sep 202601 Aug 203610-YearSGS BondNZ16100XUpcoming
03 Sep 202610 Sep 202615 Sep 202616 Mar 20276-MonthT-billBS26118EUpcoming
17 Sep 202624 Sep 202629 Sep 202630 Mar 20276-MonthT-billBS26119FUpcoming
22 Sep 202628 Sep 202601 Oct 202601 Jul 204015-YearSGS BondNY25200NUpcoming
01 Oct 202608 Oct 202613 Oct 202613 Apr 20276-MonthT-billBS26120WUpcoming
08 Oct 202615 Oct 202620 Oct 202619 Oct 20271-YearT-billBY26103XUpcoming
15 Oct 202622 Oct 202627 Oct 202627 Apr 20276-MonthT-billBS26121NUpcoming
22 Oct 202628 Oct 202602 Nov 202602 Nov 20315-YearSGS BondN526100HUpcoming
28 Oct 202604 Nov 202610 Nov 202611 May 20276-MonthT-billBS26122VUpcoming
12 Nov 202619 Nov 202624 Nov 202625 May 20276-MonthT-billBS26123AUpcoming
26 Nov 202603 Dec 202608 Dec 202608 Jun 20276-MonthT-billBS26124EUpcoming
10 Dec 202617 Dec 202622 Dec 202622 Jun 20276-MonthT-billBS26125FUpcoming

Full Auctions and Issuance Calendar (MAS)