You may go https://www.mas.gov.sg/bonds-and-bills/investing-in-singapore-savings-bonds for more information on Singapore Savings Bonds or visit https://www.mas.gov.sg/bonds-and-bills/investing-in-singapore-government-securities for more information on SGS Bonds and Treasury bills.
Singapore Government Securities
The stable choice for conservative investors
Singapore Government Securities (SGS) such as Singapore Savings Bonds, SGS Bonds and Treasury Bills are debt instruments backed by the full credit of the Government.
Features and benefits
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 and Treasury bills may also be traded in the exchange.
Singapore Savings Bonds are purchasable and redeemable online at full principal, with accrued interest paid to you at no penalty. SGS Bonds and Treasury bills may also be traded in the exchange.
Making an investment
Lump sum investment
Start with a conservative minimum lump sum investment amount of S$500 for Singapore Savings Bonds or S$1,000 for SGS bonds and Treasury bills.
Ways to pay
You can purchase Singapore Government Securities using:
Cash
Supplementary Retirement Scheme (SRS)
Central Provident Fund Investment Scheme (CPFIS)*
*Not available for Singapore Savings Bonds
Before you apply
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information presented as at 14 February 2020.
ways to invest
Start investing in Singapore Government Securities today
or visit us at a branch to open an account immediately.
ways to invest
Start investing in Singapore Government Securities today
or visit us at a branch to open an account immediately.
FAQs
Common questions
More questions and answersWhere can I find more information?
I cannot apply for or redeem Singapore Government Securities or Singapore Savings Bonds. Why?
Kindly note that all the conditions set out below must be satisfied before you may apply for or redeem Singapore Government Securities or Singapore Savings Bonds:
- You can only apply/ redeem for bonds during a valid auction or redemption period. You can refer to the MAS website for more information on the available dates. Please note that there may be some months where certain bonds are not available.
- You can only apply during CDP operating hours at the time of confirmation of your bid.
- In case of cash applications, you will also need a valid CDP account with a direct crediting service enabled.
- In case of SRS applications, you will also need an SRS account with OCBC.
- Your CDP account information (ID numbers, etc) must match those with OCBC Bank
How can I apply for Singapore Savings Bonds?
Cash transactions – via ATM, OCBC Online Banking, OneWealth app
SRS transactions – via OCBC Online Banking, OneWealth app
How can I apply for Primary Market Singapore Government Bonds and Treasury Bills?
Cash transactions – via ATM, OCBC Online Banking, OneWealth app
SRS transactions – via OCBC Online Banking, OneWealth app
CPF transactions – please approach our branch staff to apply via hardcopy application form