Singapore Savings Bonds, T-bills & SGS — latest rates

Data checked 02 Oct 2026, 16 hours ago (stale)

Auto-refreshed from MAS — tap any rate for full history. SGS bond prices fluctuate before maturity.

Coming up

SSB GX26110X applications open until 27 Oct 2026 (closes in 25 days) — 1.67% year 1
6-month T-bill BS26120W auction 08 Oct 2026 (in 6 days)
Next month's SSB — projected ~1.73% year 1 (computed estimate, not MAS-announced)

Full calendar → 6-month T-bill cut-off estimate →

Rate history at a glance

SSB year 1
6m T-bill
1y T-bill
SGS 10y

Rate history at a glance — most recent 12 months of 497 data points. The full series is in the CSV export under /api/.
Date	SSB year 1	6m T-bill	1y T-bill	SGS 10y
2025-11-03	1.39
2025-11-06		1.37
2025-11-20		1.39
2025-12-01	1.35
2025-12-04		1.41
2025-12-18		1.48
2025-12-31		1.6
2026-01-02	1.33
2026-01-15		1.39
2026-01-22			1.44
2026-01-29		1.37
2026-02-02	1.35
2026-02-12		1.36
2026-02-26		1.36
2026-03-02	1.38
2026-03-12		1.37
2026-03-26		1.46
2026-04-01	1.36
2026-04-09		1.47
2026-04-16			1.46
2026-04-23		1.4
2026-04-28				2.09
2026-05-04	1.4
2026-05-07		1.4
2026-05-21		1.45
2026-06-02	1.46
2026-06-04		1.48
2026-06-18		1.47
2026-07-01	1.46
2026-07-02		1.5
2026-07-16		1.55
2026-07-23			1.68
2026-07-30		1.59
2026-08-03	1.46
2026-08-13		1.56
2026-08-27		1.6		2.3
2026-09-01	1.52
2026-09-10		1.7
2026-09-24		1.92
2026-10-01	1.65
2026-11-02	1.67

Full comparison with SSB 10y average →

Want more yield than government bonds?

The largest Singapore REITs we track (S-REITs) currently pay a trailing yield of about 5.90% — about 398 bps more than the 1.92% 6-month T-bill.

That extra yield isn't free: unlike SSBs and T-bills, a REIT's unit price and payout can fall. It's a yield gap, not a safety upgrade.

Compare 24 Singapore REITs → See the yield gap in full →

Recent activity

Learn

How Singapore Savings Bonds (SSB) work

A plain-English walkthrough of SSB: step-up coupons, monthly issuance, the $200,000 cap, how allotment works when oversubscribed, and redemption at face value.

Singapore T-bill auctions explained

How MAS runs uniform-price T-bill auctions: competitive vs non-competitive bids, the cutoff yield, bid-to-cover ratios, and what the numbers actually mean.

SSB vs T-bill: how the two compare

A framework for comparing Singapore Savings Bonds and Treasury Bills by liquidity needs, rate outlook, and amount committed — and where SGS bonds fit.