SGS Bonds: Information for Individuals
Singapore Government Securities (SGS) bonds pay a fixed rate of interest and have maturities ranging from 2 to 30 years. You can buy SGS bonds at a primary auction or in the secondary market.
Overview
AAA Credit Rating
Min. $1,000 Investment Amount
Buy with Cash, SRS and CPF Funds
Find out how to buy
Tax Exempt for individuals
In a Glance
There are three different categories of SGS Bonds, summarised here:
| SGS (Market Development) | SGS (Infrastructure) | Green SGS (Infrastructure) | |
|---|---|---|---|
|
Act/Legislation |
Government Securities Act |
Significant Infrastructure Government Loan Act (SINGA) |
Significant Infrastructure Government Loan Act (SINGA) |
|
Purpose/Objective |
To develop the domestic debt market |
To finance major, long-term infrastructure |
To finance major, long-term infrastructure which meets green standards |
|
Issuer |
Government of Singapore
|
||
| Available Tenor | 2, 5, 10, 15, 20, or 30 years | ||
| Currency | SGD | ||
| Type of Interest Rate Payment | Fixed Coupon | ||
| How Often Interest Is Paid | Every 6 months, starting from the month of issue | ||
| Maturity and Redemption | |||
| Tax | There is no capital gains tax in Singapore.
|
||
Eligibility
Individuals, including foreigners, aged 18 years and above can buy SGS Bonds. You will need a bank with one of the three local banks and a Central Depository (CDP) Securities account or Supplemetary Retirement Scheme (SRS) account to hold SGS Bonds.
Application Period
Investors can purchase SGS Bonds at auction and through syndication.
For auctions, they typically take place 3 business days before issuance and are announced on the SGS website 5 business days in advance.
For syndication, include information about syndication process.
Investing in SGS Bonds: Guide for Individuals
Step-by-step guide to investing in SGS Bonds. Find information on how to buy, check, and manage your SGS Bonds.
Understanding SGS Bonds
Get more information on SGS bonds to determine if it is the right investment before buying.
Understanding Auction and Syndication
View the issuance calendar for planned auctions and find out how auctions work.
- View Issuance Calendar, Auctions Announcements and Results
- How Auctions Are Conducted
- What Are Reopened Bonds
- What Are Mini Auctions
Buying SGS Bonds
Find out how to buy bonds and T-bills at auction or through a primary dealer.
Managing SGS Investment
Trade on the secondary market, calculate your returns and receive interest payments.