Courtesy of Fundsupermart, where you can purchase SGS Bonds for a small cost. Here we observed the current Singapore Government Bond Yield Ladder for the bonds trading in the market now.
The yield to maturity of the bond with 9.7 years duration is 2.71% and 11.45 years duration is 2.86%. This would probably indicate that the Singapore Savings Bonds to be issued in the next few months may provide a 10 year yield of 2.8%/yr.
Contrast with the table for 13 May this year below. Yield have been inching up. Would people purchase a 10 year SGS bond or Singapore Savings Bonds and lock in a near 3% yield?
This is as close you can get to CPF OA rates (this is slightly higher!)
If you would like to keep track of High Yield Dividend Stocks in Singapore, follow my Dividend Stock Tracker here.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
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Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
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His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
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