Last Update: 21 Jan 2020 1:15 GMT+0
The Singapore 10Y Government Bond has a 1.711% yield.
10 Years vs 2 Years bond spread is 27.6 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 1.63% (last modification in December 2019).
The Singapore credit rating is AAA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 17.91 and implied probability of default is 0.30%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -10.8 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 4.9 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 27.6 bp | Yield Curve is flat in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AAA
|
- |
| Moody's Investors Service |
Aaa
|
- |
| Fitch Ratings |
AAA
|
- |
| DBRS |
AAA
|
- |
| Singapore Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 1.63% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 17.91 | -5.19 % | -7.11 % | -17.27 % | 0.30 % |
Singapore Government Bonds
List of available Government Bonds. Click on the "Residual Maturity" link to get historical serie. Click on the Forecast link
, to see preditions of bond yield.
Price refers to a hypothetical zero coupon bond, with a face value 100.
| Residual Maturity |
Yield | ZC Price | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 1 month | 1.518% | -31.0 bp | -25.1 bp | ||||||
| 3 months | 1.534% | -23.8 bp | -26.7 bp | ||||||
| 6 months | 1.532% | -13.6 bp | -30.7 bp | ||||||
| 1 year | 1.543% | -10.9 bp | -30.7 bp | 98.48 | +0.11 % | +0.31 % | |||
| 2 years | 1.435% | -15.4 bp | -24.4 bp | 97.19 | +0.30 % | +0.49 % | |||
| 5 years | 1.484% | -9.0 bp | -26.0 bp | 92.90 | +0.44 % | +1.29 % | |||
| 10 years | 1.711% | -0.7 bp | -23.5 bp | 84.40 | +0.07 % | +2.34 % | |||
| 15 years | 1.840% | +1.0 bp | -33.4 bp | 76.07 | -0.14 % | +5.03 % | |||
| 20 years | 1.924% | +1.9 bp | -33.4 bp | 68.31 | -0.36 % | +6.77 % | |||
| 30 years | 2.090% | +2.8 bp | -35.3 bp | 53.77 | -0.81 % | +10.91 % | |||
10Y Bond Yield Spread - Singapore vs Main Countries
The Singapore 10Y Government Bond has a 1.711% yield. Click on Spread value for the historical serie.
A positive spread (marked by a red circle) means that the 10Y Bond Yield is higher than the corresponding foreign bond.
Clicking on the "Full Country Comparison" link, you can perform a full check of available data and see the differences between the countries.
| Singapore 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Germany 10Y | 192.8 bp | -4.3 | -34.2 | ||
| Japan 10Y | 170.9 bp | +1.1 | -36.2 | ||
| France 10Y | 167.5 bp | +0.8 | -34.2 | ||
| Spain 10Y | 126.9 bp | -0.9 | -29.0 | ||
| United Kingdom 10Y | 106.7 bp | +12.0 | -14.2 | ||
| Australia 10Y | 52.6 bp | +11.9 | -6.6 | ||
| Italy 10Y | 35.6 bp | +5.1 | +1.8 | ||
| Canada 10Y | 14.1 bp | +4.1 | -29.6 | ||
| United States 10Y | -10.7 bp | +9.4 | +0.4 | ||
| China 10Y | -139.6 bp | +12.3 | -16.9 | ||
| Russia 10Y | -448.4 bp | +14.3 | +92.0 | ||
| India 10Y | -492.8 bp | -4.8 | -51.3 | ||
| Brazil 10Y | -509.9 bp | +22.0 | +28.0 |
Singapore Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The overall yield is the current market yield. The highlighted column refers to the zero coupon bond.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 30 years | 2.090% | 53.77 | 75.89 | 120.13 | 164.37 | 208.62 | 252.86 | |
| 20 years | 1.924% | 68.31 | 84.78 | 117.72 | 150.67 | 183.61 | 216.56 | |
| 15 years | 1.840% | 76.07 | 89.08 | 115.09 | 141.09 | 167.10 | 193.11 | |
| 10 years | 1.711% | 84.40 | 93.52 | 111.76 | 130.00 | 148.24 | 166.48 | |
| 5 years | 1.484% | 92.90 | 97.68 | 107.25 | 116.82 | 126.39 | 135.96 | |
| 2 years | 1.435% | 97.19 | 99.15 | 103.06 | 106.98 | 110.89 | 114.81 | |
| 1 year | 1.543% | 98.48 | 99.47 | 101.43 | 103.40 | 105.37 | 107.34 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||