When Coupons are Paid

You will receive the coupon payment for your SGS bonds on the first day of the month, every 6 months from the bond's issue date. In the event that payment date falls on a public holiday, the coupon will be paid on the next business day.

To check your bond's coupon payment date, select your bond from the list of outstanding bonds.

How Coupons are Paid

You will receive interest in the bank account linked to your individual Central Depository (CDP) account.

If your CDP account is not linked to a bank account, the interest will be reflected under the Cash Transaction section in your CDP monthly account statement. This cash balance will be carried forward and once your CDP account has been linked to a bank account, it will be automatically credited into the bank account.

If you bought SGS using SRS/CPF funds, you will receive the payments in your SRS/CPF account instead.

Use the bond calculator to calculate return from holding your bond to maturity.

Accrued Interest

You may have to pay accrued interet when you buy an SGS bond in the secondary market, or when you buy a reopened bond at an auction. Similiarly, you may receive accrued interest when you sell a bond.

For SGS coupon accruals, the interest generally accrues from the previous coupon date (inclusive) to the settlement date (exclusive).

SGS trade ex-coupon 3 working days before the coupon date.

Redemption at Maturity

SGS bonds are redeemed at face (par) value when they mature.

The face value of the SGS and the last interest payment will be automatically credited to your bank account. You do not need to take any action, and there is no transaction fee.