What You Will Need
Before applying, you will need to know:
- Who Can Buy
- Individuals, including foreigners, aged 18 years and above can buy SGS Bonds
- Method of Sale
- Uniform price auction.
- Auction Dates
- Check the issuance calendar for schedule auctions, announcements and results.
- How to Apply
- Through DBS/POSB, OCBC and UOB ATMs or internet banking.
- Custody
- At the Central Depository.
- Fees
- S$2 transaction fee.
Note: The fees is waived if you apply through DBS internet banking.
To apply for SGS, you will need:
For Cash Applications
- A bank account with DBS/POSB , OCBC and UO B . Open a bank account online or visit any of the banks' branches in Singapore to open an account.
- You will need an SRS account.
- An individual CDP Securities account under your own name with Direct Crediting Service activated. This allows for coupons from SGS holdings to be credited directly into your bank account.
Note: You cannot buy SGS with a joint CDP account. However, you can pay for the SGS application from a joint bank account.
For SRS or CPFIS Applications
For SRS Applications
- You will need an SRS account.
If you don't already have an SRS account, visit one of three SRS operators (DBS/POSB , OCBC and UO B ) to open an SRS account
For CPFIS Applications
- You will need a CPFIS account.
If you don't already have an CPFIS account, visit one of three SRS operators (DBS/POSB , OCBC and UO B ) to open a CPFIS account
Find a Primary Dealer
To take part in Singapore Government Securities (SGS) or MAS Bills auctions, investors must submit their bids through a primary dealer (PD). They may also trade SGS bonds and T-bills in the secondary market through PDs.
For Institutional Investors
For Retail Investors