Corporate Credit and Government Bonds (Businesses)
Receive regular returns by investing your surplus cash
Pricing varies depending on tenure, investment amount and market conditions. T&Cs apply. Being one of the leading banks in Asia, OCBC is poised to help deliver the best possible pricing available to you.
Backed by the Singapore Government
The Singapore Government has been accorded the strongest credit rating by various international credit rating agencies and has a minimal probability of defaulting on its debt obligations.
The Singapore Government has been accorded the strongest credit rating by various international credit rating agencies and has a minimal probability of defaulting on its debt obligations.
Fixed payments to you
Interest is paid to you every 6 months for Singapore Savings Bonds and SGS bonds. T-bills are sold at a discount and do not pay coupons - you will receive the face value at maturity.
Interest is paid to you every 6 months for Singapore Savings Bonds and SGS bonds. T-bills are sold at a discount and do not pay coupons - you will receive the face value at maturity.
Liquidity to buy and sell any time
Singapore Savings Bonds are purchasable and redeemable online at full principal, with accrued interest paid to you at no penalty. SGS Bonds may also be traded in the exchange, and Treasury Bills through any of our branches.
Singapore Savings Bonds are purchasable and redeemable online at full principal, with accrued interest paid to you at no penalty. SGS Bonds may also be traded in the exchange, and Treasury Bills through any of our branches.
Receive your proceeds directly upon maturity
Enjoy the convenience of Direct Crediting Service (DCS) when you link your CDP Account to your OCBC Current or Savings Account at no cost. Alternatively, check your designated bank account on the CDP website.
How to apply or check via the CDP websiteEnjoy the convenience of Direct Crediting Service (DCS) when you link your CDP Account to your OCBC Current or Savings Account at no cost. Alternatively, check your designated bank account on the CDP website.
How to apply or check via the CDP website
Steady investment income
Like individuals, businesses may purchase bonds to earn regular interest payments for a steady cash flow, putting the company's excess funds to work.
Like individuals, businesses may purchase bonds to earn regular interest payments for a steady cash flow, putting the company's excess funds to work.
Portfolio diversification
Bonds may be part of a broader investment strategy to diversify a company's portfolios. This can help reduce overall risk, especially if it has investments in equities or other volatile assets.
Bonds may be part of a broader investment strategy to diversify a company's portfolios. This can help reduce overall risk, especially if it has investments in equities or other volatile assets.
Capital generation
Companies can issue bonds to raise money for various purposes — such as expanding operations, funding projects or refinancing existing debt. Issuing bonds may also be cheaper than taking a bank loan.
Companies can issue bonds to raise money for various purposes — such as expanding operations, funding projects or refinancing existing debt. Issuing bonds may also be cheaper than taking a bank loan.
Expert insights backed by a top-tier research team
Get in-depth market and currency trend analyses from our best-in-class research team — so you can make informed investment decisions.
Get in-depth market and currency trend analyses from our best-in-class research team — so you can make informed investment decisions.
Singapore Government Securities (SGS) include SGS Bonds, T-bills and Savings Bonds that are backed by the Singapore Government.
T-bills are short-term securities that offer stable yields and capital preservation.
This is Company A.
Company A wants to put its surplus funds to better use, and generate some passive income by investing in a corporate bond.
glance
0
Initial investment
Company A invests SGD 250,000 in a corporate bond issued by Corporation X.
The bond matures after 5 years (60 months).
6
Interest payments
For 5 years, Company A's investment gets coupon payments of SGD 6,250 every 6 months — based on the bond's semi-annual coupon rate of 5%.
60
Final payout
When the bond matures, Company A receives his initial investment, plus interest of SGD 62,500.
Principal sum
The principal sum refers to the initial amount you choose to invest.
Bond coupon rate
A bond’s coupon rate is the interest to be paid at regular intervals throughout the duration of your investment.
Total payout
SGD 250,000
Principal sum returned
SGD 62,500
interest payout
SGD 312,500
Total payout
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CorporateTreasurer Awards 2025
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Asia Risk Awards 2024
Derivatives house of the year Singapore
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Derivatives house of the year Singapore
(2016 - 2020, 2022- 2024: 3rd consecutive win)
Alpha Southeast Asia 18th Annual Treasury & FX Awards 2025
Best FX Bank for Corporates & Fls
(2014 - 2025: 12th consecutive win)
Best FX Bank for Corporates & Fls
(2014 - 2025: 12th consecutive win)
Alpha Southeast Asia 18th Annual Treasury & FX Awards 2025
Best online FX Platform: End-to-end e-trading and eFX platform
(2022 - 2025: 4th consecutive win)
Best online FX Platform: End-to-end e-trading and eFX platform
(2022 - 2025: 4th consecutive win)
FX Markets Asia Awards 2025
Best Asia FX trading venue for retail clients
(2022 - 2025: 4th consecutive win)
Best Asia FX trading venue for retail clients
(2022 - 2025: 4th consecutive win)
CorporateTreasurer Awards 2025
Best ESG Initiative
Best ESG Initiative
CorporateTreasurer Awards 2025
Best for Digital Solutions
(2023 - 2024: 2nd consecutive win)
Best for Digital Solutions
(2023 - 2024: 2nd consecutive win)
Asia Risk Awards 2024
Derivatives house of the year Singapore
(2016 - 2020, 2022- 2024: 3rd consecutive win)
Derivatives house of the year Singapore
(2016 - 2020, 2022- 2024: 3rd consecutive win)
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Government bonds
Government bonds include:
- Treasury bills (T-bills)
- Treasury notes
- Treasury bonds
United States Treasuries (UST) are an example of government bonds issued by the US. Singapore Government Securities (SGS) bonds are issued by the Singapore Government.