The current expected 10-year average yield of the March 2025 issuance is approximately 3.00%, which is higher than the current February 2025 Singapore Savings Bond (“SSB”) with a 10-year average yield of 2.82%. This is computed based on the average SGS yields of January 2025. The daily “Average Buying Rates of Govt Securities Dealers 10-Year Bond Yield” for the month of January 2025 up to 20 January 2025 are as below.

January 2025 Date	10-Year Yield
2	2.88%
3	2.89%
6	2.99%
7	2.99%
8	3.01%
9	3.00%
10	3.03%
13	3.09%
14	3.09%
15	3.09%
16	3.01%
17	2.97%
20	2.99%
Average	3.00%

Extracted from SGS Prices and Yields – Benchmark Issues Do note that the above interest rate calculation covers from 2 January 2025 to 20 January 2025 which is a total of 13 business days. Excluding the Chinese New Year public holidays on 29 January 2025 and 30 January 2025, there are an additional of 7 business days till end of the month and thus the 10-year average yield may change slightly. For those who are more interested to bid for the February 2025 issuance, do note that the closing date is on 24 January 2025 at 9.00pm. Website: SBFEB25 GX25020H Bond Details Photo source: https://easyfind.sg/guide-to-singapore-savings-bond-ssb-is-it-worth-buying/...