Welcome! AsianBondsOnline is a one-stop source of information on bond markets in emerging East Asia.
Close of April 25, 2024 |
Change From | |||
---|---|---|---|---|
Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
2 Year | 3.468 | ▼ 0.3 | ▲ 1.2 | ▲ 20.9 |
5 Year | 3.325 | ▼ 0.2 | ▲ 1.2 | ▲ 64.8 |
10 Year | 3.414 | ▲ 1.4 | ▲ 4.1 | ▲ 70.6 |
* Government bond yield changes are expressed in basis points. |
||||
Currencies | Latest Rate | Previous Day | Previous Week | YTD |
SGD per USD | 1.359 | ▲ 0.2 | ▲ 0.2 | ▼ 2.9 |
SGD per JPY | 0.009 | ▲ 0.4 | ▲ 0.9 | ▲ 6.7 |
* Exchange rate changes are expressed as a percentage change. |
||||
Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
No data available for this market |
Change From | ||||
---|---|---|---|---|
Policy Rates | Latest Rate (1-Jan-1970) |
Previous Rate (1-Jan-1970) |
YTD Rate |
|
No data available for this market |
Agency | Rating | Outlook | Date | |
---|---|---|---|---|
Regional Rating Institutions | ||||
R&I | AAA | stable | 2019-09-09 | |
RAM | gAAA | stable | 2018-08-29 | |
Non-Regional Rating Institutions | ||||
Fitch | AAA | stable | 2020-08-14 | |
S&P | AAA | stable | 2018-04-30 | |
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. View Report
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
* Download previous issues PDF | ||||
---|---|---|---|---|
2024 | Mar | |||
2023 | Nov | Sep | Jun | Mar |
2022 | Nov | Sep | Jun | Mar |
2021 | Nov | Sep | Jun | Mar |
2020 | Nov | Sep | Jun | Mar |
2019 | Nov | Sep | Jun | Mar |
2018 | Nov | Sep | Jun | Mar |
2017 | Nov | Sep | Jun | Mar |
2016 | Nov | Sep | Jun | Mar |
2015 | Nov | Sep | Jun | Mar |
2014 | Nov | Sep | Jun | Mar |
2013 | Nov | Sep | Jun | Mar |
2012 | Nov | Sep | Apr | |
2011 | Nov | Sep | Mar | |
2010 | Nov | Oct | Jul | Mar |
2009 | Nov | Sep |
Mixed movements were observed for the local currency (LCY) government bond yields of Singapore between 1 December 2023 and 29 February 2024. Uncertainties remained regarding the timing of the monetary policy easing of the United States Federal Reserve, leading investors to remain cautious.
The LCY bond market of Singapore expanded 2.6% quarter-on-quarter (q-o-q), reaching a size of SGD715.6 billion by the end of the fourth quarter of 2023. Central bank securities led the growth in LCY bonds with outstanding securities growing 5.3% q-o-q by the end of 2023. LCY bonds issued in Singapore rose as well, albeit at a slower pace, posting a growth of 4.9% q-o-q as issuance of central bank bills and corporate bonds remained robust.
On 24 January, the Singapore Sustainable Finance Association was launched by the Monetary Authority of Singapore to take charge of making sure Singapore remains the top choice of investors as the leading source of sustainable financing in Asia. Among others, the association will set standards and best practices in the sustainable finance industry, and lead capacity building through educational courses for investors.