Singapore
Market Watch
| Close of March 26, 2020 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 0.824 | ▼ 14.0 | ▼ 38.0 | ▼ 70.4 |
| 5 Year | 1.137 | ▼ 8.1 | ▼ 30.1 | ▼ 42.2 |
| 10 Year | 1.417 | ▼ 6.5 | ▼ 35.1 | ▼ 32.6 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| SGD per USD | 1.431 | ▲ 1.1 | ▲ 1.4 | ▼ 6.3 |
| SGD per JPY | 0.013 | ▼ 0.4 | ▲ 0.3 | ▼ 5.4 |
|
* Exchange rate changes are expressed as a percentage change. |
||||
| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| No data available for this market | ||||
Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (1-Jan-1970) |
Previous Rate (1-Jan-1970) |
YTD Rate |
|
| No data available for this market | ||||
Sovereign Ratings
| Agency | Rating | Outlook | Date | |
|---|---|---|---|---|
| Regional Rating Institutions | ||||
| R&I | AAA | S | 2015-12-22 | |
| RAM | gAAA | S | 2018-08-29 | |
| Non-Regional Rating Institutions | ||||
| Fitch | AAA | S | 2015-11-30 | |
| S&P | AAA | S | 2016-04-05 | |
NEWS HIGHLIGHTS
- S$48.4b more to fight pandemic, with up to S$17b from reserves
- Singapore's GDP Contracted by 2.2 Per Cent in the First Quarter of 2020. MTI Downgrades 2020 GDP Growth Forecast to "-4.0 to -1.0 Per Cent"
- SATS sells S$200m 5yr at 2.88% in private placement
- Monthly Manufacturing Performance February 2020
- Tuan Sing updates multi-currency MTN programme
Read full index for News and Commentary
BOND ISSUANCES
- 2-year Singapore Government Securities Bond Auction Result for 27 March
- 12-week Monetary Authority of Singapore Bill Auction Results for 24 March 2020
- 4-week Monetary Authority of Singapore Bill Auction Results for 24 March 2020
- 6-month Singapore Government Securities Bill Auction Result for 19 March 2020
- 4-week Monetary Authority of Singapore Bill Auction Results for 17 March 2020
- Size of LCY Bond Market
- Size of LCY Bond Market in % of GDP
- Monthly Bonds Outstanding in USD
- FCY Bonds Outstanding
- Breakdown of LCY Bond Market Issuance
- G3 Currency Bond Issuance
- Government Securities Maturity Profile - LCY
- Corporate Securities Maturity Profile - LCY
- Trading Volume
- Bonds Turnover Ratio
- Interest Rate Spread - 2yrs vs 10yrs - LCY Bond
- Yield Volatility - 10yr LCY Bonds
- Bid-Ask Spreads (Survey data)
- Government Bond Market Structural Issues
- Corporate Bond Market Structural Issues
ASEAN+3 Bond Market Guide
ASEAN+3 Bond Market Guide 2016: Singapore
The Singapore bond market has become one of the most developed open capital markets in Asia with
over US$221 billion in total local currency bonds outstanding with an additional US$53 billion of bonds
outstanding. The Singapore Bond Market Guide is an outcome of the support and contributions of
ASEAN+3 Bond Market Forum members and experts, particularly from Singapore, while the ASEAN+3 Bond
Market Guide as a whole is a comprehensive explanation of the region’s bond markets. This report should be
recognized as a collective good to support bond market development among ASEAN+3 members.
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Market Summary
Size and Composition
The local currency (LCY) bond market of Singapore expanded 2.6% quarter-on-quarter (q-o-q) to SGD457.1 billion (USD339.6 billion) in the fourth quarter of 2019. LCY government bonds outstanding expanded 3.1% q-o-q at the end of December, mainly due to a rise in Singapore Government Securities bonds. Similarly, LCY corporate bonds outstanding grew 1.7% q-o-q at the end of 2019.
Corporate Bond Issuance
LCY corporate bond issuances dropped 48.9% q-o-q to SGD2.8 billion in the fourth quarter of 2019 due to minimal issuance in December. The largest corporate issuance during the quarter came from the government-owned institution Housing & Development Board.
Refine Search
1 - 20 of 303 results
- S$48.4b more to fight pandemic, with up to S$17b from reserves
Business Times
2020-03-27 - Monthly Manufacturing Performance February 2020
Economic Development Board
2020-03-26 - SATS sells S$200m 5yr at 2.88% in private placement
IFR
2020-03-26 - Singapore's GDP Contracted by 2.2 Per Cent in the First Quarter of 2020. MTI Downgrades 2020 GDP Growth Forecast to "-4.0 to -1.0 Per Cent"
Ministry of Trade and Industry
2020-03-26 - Coronavirus May Hit Singapore REITs Harder Than the Financial Crisis
Bloomberg
2020-03-25 - Tuan Sing updates multi-currency MTN programme
IFR
2020-03-25 - MAS likely to ease monetary policy as Singapore edges towards first full-year recession since 2001: Morgan Stanley
The Edge
2020-03-24 - Consumer Price Developments in February 2020
Monetary Authority of Singapore
2020-03-23 - Economists eye monetary easing as Singapore's core inflation slips into the red for first time in a decade
The Edge
2020-03-23 - Sell, sell, sell from opening bell': Singapore share index sinks 7.4% in biggest one-day drop since 2008
Straits Times
2020-03-23 - OUE Commercial REIT sets up S$200m multicurrency debt programme
IFR
2020-03-23 - ST Engineering sets up S$5bn programme
IFR
2020-03-19 - MAS Announces US$60 Billion Swap Facility with the US Federal Reserve as part of Coordinated Central Bank Actions
Monetary Authority of Singapore
2020-03-19 - MAS expected to step in early as risk of slump rises with Malaysia's lockdown
Business Times
2020-03-18 - Singapore's External Trade - February 2020
Enterprise Singapore
2020-03-17 - Singapore Financial Markets Functioning Well Despite Heightened Volatility
Monetary Authority of Singapore
2020-03-13 - STI readies for rebound
The Edge
2020-03-13 - PSA Intl sells S$500m 10yr at 1.63%
IFR
2020-03-10 - Aspial prices S$50m 3yr at 6.5%
IFR
2020-03-10 - Manufacturing output hits five-year low in February
Singapore Business Review
2020-03-04