The current expected 10-year average yield of the
September 2025 issuance is approximately
2.13%, which is significantly lower than the current
August 2025 Singapore Savings Bond (“SSB”) with a 10-year average yield of
2.29%.
This is computed based on the average SGS yields of
July 2025. The daily “Average Buying Rates of Govt Securities Dealers 10-Year Bond Yield” for the month of
July 2025 up to
18 June 2025 are as below.
| July 2025 Date |
10-Year Yield |
| 1 |
2.14% |
| 2 |
2.16% |
| 3 |
2.11% |
| 4 |
2.07% |
| 7 |
2.06% |
| 8 |
2.10% |
| 9 |
2.12% |
| 10 |
2.11% |
| 11 |
2.18% |
| 14 |
2.18% |
| 15 |
2.14% |
| 16 |
2.15% |
| 17 |
2.14% |
| 18 |
2.09% |
| Average |
2.13% |
Extracted from SGS Prices and Yields – Benchmark Issues
Do note that the above interest rate calculation covers from
1 July 2025 to
18 July 2025 which is a total of
14 business days. There are an additional of
9 business days till end of the month and thus the 10-year average yield may change.
For those who are interested to bid for the
August 2025 issuance, do note that the closing date is on
28 July 2025 at
9.00pm.
Website: SBAUG25 GX25080X Bond Details
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