Buying SGS: For Individuals

Individual investors may bid for Singapore Government Securities (SGS) bonds at primary auctions. You can apply through the local bank's ATMs and internet banking portals, or use your SRS/SPFIS funds to apply.

How to Apply

Applying at Auction

Applications through ATM and internet banking may close 1 to 2 business days before the auction. You should check with your bank for the exact cut-off time the different application channels.

Primary dealers need to submit all bids by noon on the auction closing date, so they will need to receive your application ahead of time to allow for processing.

For Cash Applications

If you are using cash to buy SGS, the most convenient way to apply is through:

  • DBS/POSB, OCB and UOB ATMs and internet banking portals.
  • OCBC's mobile application.

You will need your individual CDP account number to apply.

Note:Payment will be deducted from your bank account when you apply. Once submitted, the applicant cannot be cancelled or changed.

For Cash Applications

Applications using funds from your Supplementary Retirement Scheme (SRS) can be made via the internet banking portal of your SRS Operator (DBS/POSB, OCBC and UOB).

If you want to use funds from your CPF Investment Scheme (CPFIS) account to buy SGS, you need to apply in person at your agent bank's main branch. The use of CPF funds for investing in SGS is subject to CPF investment guidelines.

Note:The prevailing CPF interest rates may be higher than yield on SGS.

Applying through Syndication