The closing yield on the 2-year Singapore SGS bond (N524100X) was at 1.92% on 27 July 2026. We compare it with T-bills, fixed deposits and SSBs before the auction.
What happened?
Singapore bond yields have continued to rise over the past week.
Earlier, we shared on the new 20-year green SGS bond that was offering a 2.40% p.a. yield.
The cut-off yield for the 1-year Singapore T-bill (BY26102T) rose to 1.68% in the auction on 23 July. We also looked at what to expect from the upcoming 6-month Singapore T-bill auction on 30 July.
With more attention on bond yields, there were some members in the Beansprout community asking about the reopened 2-year SGS bond (N524100X).
In this article, I will look at look at the likely yield on the reopened 2-year SGS bond (N524100X), explain how a reopened auction works, and compare it with T-bills, fixed deposits and Singapore Savings Bonds.
What are the details of the 2-year SGS bond auction?...