Corporate Credit and Government Bonds (Individuals)
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.
Stable and recurring income stream
Bonds provide a steady stream of income. This predictable cash flow provides some downside protection to your investment portfolio, making bonds an asset that guards against future uncertainties.
Bonds provide a steady stream of income. This predictable cash flow provides some downside protection to your investment portfolio, making bonds an asset that guards against future uncertainties.
Portfolio diversification
In general, bonds are a key component of investment portfolios for investors with different risk profiles as they are a useful tool to achieve diversification and reduce overall risk.
In general, bonds are a key component of investment portfolios for investors with different risk profiles as they are a useful tool to achieve diversification and reduce overall risk.
Capital preservation
Bond issuers are obligated to repay the principal amount at maturity, along with the periodic interest payments, subject to no issuer default. Bond prices are less volatile than stocks and the price stability offers a reliable way to preserve capital.
Bond issuers are obligated to repay the principal amount at maturity, along with the periodic interest payments, subject to no issuer default. Bond prices are less volatile than stocks and the price stability offers a reliable way to preserve capital.
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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
How to apply
Apply or check via CDP website
Individual and Joint-Alternate account holders can apply or change their DCS bank account details online through the CDP website.
Apply/update via an application form
Joint and Corporate account holders can complete the CDP Services form and mail the signed form to CDP’s address indicated on the form.
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.
Lump sum investment
Start with a conservative minimum lump sum investment amount of SGD 500 for Singapore Savings Bonds or SGD 1,000 for SGS bonds and Treasury bills.
You can purchase Singapore Government Securities using:
Cash
Supplementary Retirement Scheme (SRS)
Central Provident Fund Investment Scheme (CPFIS)*
To apply with your CPF OA funds, you must have a CPF Investment Account (CPFIA) with OCBC. Before you can invest using your CPF SA funds, you will need to complete the CPF Investment Scheme Self-Awareness Questionnaire, located on the CPF Board's website.
This is Mr Tan.
Mr Tan wants to put his surplus cash to better use, and generate some passive income by investing in a corporate bond.
glance
0
Initial investment
Mr Tan 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, Mr Tan'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, Mr Tan 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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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.