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!

SGS Benchmark Yields (Yield Curve) - 05 Nov 2026

Tenor6-Month1-Year2-Year5-Year10-Year15-Year20-Year30-Year50-Year
Yield (%)1.861.881.821.962.152.182.152.182.18

Source: Daily SGS Prices (MAS)

View by Tenor View by Auction Date

6-Month T-bill

AnnouncementAuctionIssueMaturityCodeStatusCut-Off Yield (%)Cut-Off Price
28 Oct 202604 Nov 202610 Nov 202611 May 2027BS26122VClosed1.8699.073
12 Nov 202619 Nov 202624 Nov 202625 May 2027BS26123AUpcoming
26 Nov 202603 Dec 202608 Dec 202608 Jun 2027BS26124EUpcoming
10 Dec 202617 Dec 202622 Dec 202622 Jun 2027BS26125FUpcoming

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

1-Year T-bill

AnnouncementAuctionIssueMaturityCodeStatusCut-Off Yield (%)Cut-Off Price
08 Oct 202615 Oct 202620 Oct 202619 Oct 2027BY26103XClosed1.9298.085

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

2-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
23 Jul 202629 Jul 202603 Aug 202601 Apr 2029ReopenN524100XClosed1.84104.014

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 Oct 202628 Oct 202602 Nov 202602 Nov 2031NewN526100HClosed2.0999.575

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

10-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
21 Aug 202627 Aug 202601 Sep 202601 Aug 2036ReopenNZ16100XClosed2.3099.748

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

15-Year SGS Bond

AnnouncementAuctionIssueMaturityNew/ReopenCodeStatusCut-Off Yield (%)Cut-Off Price
22 Sep 202628 Sep 202601 Oct 202601 Jul 2040ReopenNY25200NClosed2.6595.976

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 (%)
01 Oct 202608 Oct 202613 Oct 202613 Apr 20276-MonthT-billBS26120WClosed1.90
08 Oct 202615 Oct 202620 Oct 202619 Oct 20271-YearT-billBY26103XClosed1.92
15 Oct 202622 Oct 202627 Oct 202627 Apr 20276-MonthT-billBS26121NClosed1.95
22 Oct 202628 Oct 202602 Nov 202602 Nov 20315-YearSGS BondN526100HClosed2.09
28 Oct 202604 Nov 202610 Nov 202611 May 20276-MonthT-billBS26122VClosed1.86
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)