The cut-off yield for the reopened 15-year SGS bond (NY25200N) rose to 2.65% in the auction on 28 September 2026.
What happened?
The results of the latest 15-year SGS bond auction are out.
The reopened 15-year Singapore Government Securities bond (NY25200N) offered a cut-off yield of 2.65% in the auction on 28 September 2026.
We also saw the 10-year SGS bond cut-off yield rise to 2.30% in August, before looking at what to expect from the latest 15-year SGS bond auction
I have also noticed more discussion in the Beansprout community around bonds and T-bills recently, as bond yields have moved higher.
In this article, I will look at what drove the latest SGS bond auction result, what the result means for successful applicants, and whether there are better alternatives to park our cash.
Source: MAS
What we learnt from the latest 15-year SGS bond auction
#1 – SGS bond demand exceeded supply but was lower than before
Investors applied for S$2.1 billion of the reopened 15-year SGS bond...