Singapore
Market Watch
| Close of May 29, 2020 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 0.242 | ▼ 2.3 | ▲ 3.8 | ▼ 128.6 |
| 5 Year | 0.437 | ▼ 0.8 | ▲ 6.7 | ▼ 112.2 |
| 10 Year | 0.826 | ▼ 0.9 | ▲ 11.7 | ▼ 91.6 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| SGD per USD | 1.414 | ▲ 0.3 | ▲ 0.8 | ▼ 5.0 |
| SGD per JPY | 0.013 | ▲ 0.5 | ▲ 1.0 | ▼ 5.8 |
|
* 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 | 2019-09-09 | |
| RAM | gAAA | S | 2018-08-29 | |
| Non-Regional Rating Institutions | ||||
| Fitch | AAA | S | 2019-08-23 | |
| S&P | AAA | S | 2018-04-30 | |
NEWS HIGHLIGHTS
- Fiscal deficit may widen to 15.7% of GDP by end-2020
- Ascott Residence declines to call perps
- Keppel prices US$300m 5yr bond
- Q2 could be Singapore's worst quarter yet: analyst
- PIL flags potential default on S$60m 8.5% 2020s
Read full index for News and Commentary
BOND ISSUANCES
- 6-month Singapore Government Securities Bill Auction Result for 28 May 2020
- 4-week Monetary Authority of Singapore Bill Auction Results for 27 May 2020
- 12-week Monetary Authority of Singapore Bill Auction Results for 27 May 2020
- 15-year Singapore Government Securities Bond Auction Result for 27 May 2020
- 12-week Monetary Authority of Singapore Bill Auction Results for 19 May 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.
Download Report
ASEAN+3 Multi-Currency Bond Issuance Framework
Implementation Guidelines for Singapore
August 2015
The ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF) Implementation Guidelines for Singapore are provided to review the AMBIF Elements and detail the corresponding features of Singapore market in relation to each element.
Download Report
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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 297 results
- Ascott Residence declines to call perps
IFR
2020-06-01 - Fiscal deficit may widen to 15.7% of GDP by end-2020
Singapore Business Review
2020-06-01 - Keppel prices US$300m 5yr bond
IFR
2020-05-29 - Q2 could be Singapore's worst quarter yet: analyst
Singapore Business Review
2020-05-28 - BOC Aviation bond soars above airline angst
IFR
2020-05-27 - NUS sells debut green bond
IFR
2020-05-27 - PIL flags potential default on S$60m 8.5% 2020s
IFR
2020-05-27 - Government injects additional $33 billion in Covid-19 relief measures, with focus on jobs
The Edge
2020-05-26 - GSH launches S$20m repurchase of 5.15% 2020s
IFR
2020-05-26 - Monthly Manufacturing Performance April 2020
Economic Development Board
2020-05-26 - Consumer Price Developments April 2020
Ministry of Trade and Industry
2020-05-26 - Singapore recession forecast for 2020 worsens to between -4% and -7%
Business Times
2020-05-26 - MTI Downgrades 2020 GDP Growth Forecast to "-7.0 to -4.0 Per Cent"
Ministry of Trade and Industry
2020-05-26 - Hotel Properties sells S$170m 5yr at 3.8%
IFR
2020-05-22 - Singapore's interest rate may decline into negative territory
The Edge
2020-05-21 - Suntec REIT sells S$200m 5yr at 2.6%
IFR
2020-05-20 - Singapore prepares for a 'new normal' after Jun 1 with a three phase approach
The Edge
2020-05-19 - Singapore's External Trade - April 2020
Enterprise Singapore
2020-05-18 - Sembcorp Industries to redeem $200m in perpetual securities
Singapore Business Review
2020-05-18 - City Developments sells S$200m 5yr bond at 2.3%
IFR
2020-05-13