Singapore SGS Bond

[bruiser69]

different strokes for different folks is talking about "different things appeal to different people.".

i am not talking about who it appeals to. i am just saying it's not comparable to say that "oh SGS bond yield so low, hence I will go with a higher yield account without guarantee".

it doesn't connect and not comparable. i am just saying something is comparable whether they are very similar product but one offers a higher yield than the other. sure comparable.

but this is a separate issue from what is more attractive to an individual. that 1 yes is different strokes for diff folks.

Like I said, it works both ways, with a higher yield account you can get lower or higher rates. But common sense to most folks is that they wouldn't want to be tied in to such a low yielding account 1.67%. That by itself is already a comparison. No brainer. Kapish?

And yes, and I know that you like to argue alot. That is your pattern over the years here in HWZ. Maybe you are a retiree or simply have too much time on your hands to argue over every little single thing. But most folks, (including me) - we simply don't have the time nor the inclination to argue with you. Different strokes for different folks here means I don't relish nit-picking (like someone here likes to), or tries to force his views on others

So now, suffice to say I disagree with you, ok?

And yes, you can have the last word here too

 

[reddevil0728]

Like I said, it works both ways, with a higher yield account you can get lower or higher rates. But common sense to most folks is that they wouldn't want to be tied in to such a low yielding account 1.67%. That by itself is already a comparison. No brainer. Kapish?

And yes, and I know that you like to argue alot. That is your pattern over the years here in HWZ. Maybe you are a retiree or simply have too much time on your hands to argue over every little single thing. But most folks, (including me) - we simply don't have the time nor the inclination to argue with you. Different strokes for different folks here means I don't relish nit-picking (like someone here likes to), or tries to force his views on others

So now, suffice to say I disagree with you, ok?

And yes, you can have the last word here too

No worries – just to close off, my point is simply that a fixed‑rate 2‑year bond and a floating bank promo aren’t really comparable beyond “which number is higher today”. It’s like comparing a fixed mortgage to a floating one – they serve different purposes.

And I’m not the only one pointing that out… like below

People often forget about how interest rate works

—

You can throw shades however you want, but it just shows that you are unable to engage civilly and have to resort to going into personalities.

Anyway, I’ll gladly take the “last word” – but only to say that you’ve just compared an apple to an orange and declared the orange “no brainer” because it tastes sweeter today.

No hard feelings – enjoy whichever fruit you prefer. Different strokes for different folks, after all.

 

[sglandscape]

Anyway, I’ll gladly take the “last word” – but only to say that you’ve just compared an apple to an orange and declared the orange “no brainer” because it tastes sweeter today.

No hard feelings – enjoy whichever fruit you prefer. Different strokes for different folks, after all.

Not sure why you're quoting me, but OK. It was a light hearted discussion without any shades thrown, that one needs to consider interest rate risk (short term vs long term), and someone living in the present seeing how quickly bank rates are dropping would have deeply appreciated.

 

[reddevil0728]

Not sure why you're quoting me, but OK. It was a light hearted discussion without any shades thrown, that one needs to consider interest rate risk (short term vs long term), and someone living in the present seeing how quickly bank rates are dropping would have deeply appreciated.

Lol the later part is not meant to be directed at u hence the —

I was just quoting you to show an example I’m not the only one who say the same thing.

Was thinking hard how to differentiate that hence the —- before the later part of the post meant for that poster

 

[sglandscape]

Lol the later part is not meant to be directed at u hence the —

I was just quoting you to show an example I’m not the only one who say the same thing.

Was thinking hard how to differentiate that hence the —- before the later part of the post meant for that poster

Understood and

 

[lzydata]

Auction: NC22300W 50-Year Bond (Reopened)​

Allotment​

Total Amount Allotted S$1.0 billion
Amount Allotted to Non-Competitive Applications S$54.1 million
Amount Allotted to MAS S$0.0 million
Total Amount Applied S$1.7 billion
% of Competitive Applications at Cut-off Allotted Approximately 92%
% of Non-Competitive Applications Allotted 100%
Bid-to-Cover Ratio 1.74

Yield and Price​

Cut-off Yield 2.16% p.a.
Cut-off Price 125.166
Median Yield 2% p.a.
Median Price 130.808
Average Yield 1.99% p.a.
Average Price 131.172

https://www.mas.gov.sg/bonds-and-bi...nds?issue_code=NC22300W&issue_date=2025-10-01

SG Govt locking in very low rates for the long term. We're going to need it to face climate change.

 

[DevilPlate]

Auction: NC22300W 50-Year Bond (Reopened)​

Allotment​

Total Amount Allotted S$1.0 billion
Amount Allotted to Non-Competitive Applications S$54.1 million
Amount Allotted to MAS S$0.0 million
Total Amount Applied S$1.7 billion
% of Competitive Applications at Cut-off Allotted Approximately 92%
% of Non-Competitive Applications Allotted 100%
Bid-to-Cover Ratio 1.74

Yield and Price​

Cut-off Yield 2.16% p.a.
Cut-off Price 125.166
Median Yield 2% p.a.
Median Price 130.808
Average Yield 1.99% p.a.
Average Price 131.172

https://www.mas.gov.sg/bonds-and-bi...nds?issue_code=NC22300W&issue_date=2025-10-01

SG Govt locking in very low rates for the long term. We're going to need it to face climate change.

Song song 1.7B applied for 2%

 

[reddevil0728]

Song song 1.7B applied for 2%

hmmm？how so?

 

[Potent]

Song song 1.7B applied for 2%

How to take out. 50years lei

 

[reddevil0728]

How to take out. 50years lei

Can sell

 

[Potent]

Can sell

At a loss most probably right

 

[reddevil0728]

At a loss most probably right

not necessary. but if you have such a concern then obviously such is not suitable for you. not all investible assets out there are suitable for everyone anyway so not worth thinking too much?

 

[Potent]

not necessary. but if you have such a concern then obviously such is not suitable for you. not all investible assets out there are suitable for everyone anyway so not worth thinking too much?

Yes truly. After consideration not a product for myself. =)

 

[reddevil0728]

Yes truly. After consideration not a product for myself. =)

this is just of many. if you consider everything and realise it doesn't make sense you will go crazy. so instead of focusing on so many things, focus on what those that makes sense only

 

[lzydata]

Auction: NZ16100X 10-Year Bond (Reopened)​

SGS Type SGS (Market Development)
Announcement Date 23 Oct 2025
Auction date 29 Oct 2025
Issue date 03 Nov 2025
Maturity date 01 Aug 2036
Coupon rate 2.25% p.a.
Coupon payment dates 01 Aug and 01 Feb

https://www.mas.gov.sg/bonds-and-bi...nds?issue_code=NZ16100X&issue_date=2025-11-03

Closing yield currently estimated at 1.89% pa.

Auction: N525100T 5-Year Bond (Reopened)​

SGS Type SGS (Market Development)
Announcement Date 23 Oct 2025
Auction date 29 Oct 2025
Issue date 03 Nov 2025
Maturity date 01 Apr 2030
Coupon rate 2.5% p.a.
Coupon payment dates 01 Oct and 01 Apr

https://www.mas.gov.sg/bonds-and-bi...nds?issue_code=N525100T&issue_date=2025-11-03

Mini-auction. Closing yield currently estimated at 1.63% pa.

 

[philips107]

Can sell

Check with the gurus here, the prices quoted on the exchange sgx for SGS is really bad.

for example, the market maker is quoting $93.001 to buy
https://www.sgx.com/fixed-income/products/8YLS

while OTC like on FSM bondsupermart is quoting what looks to me more like mkt rate $104.3
https://www.bondsupermart.com/bsm/bond-factsheet/NZ19100S

Anyone sold SGS on the secondary mkt before?

I suppose u do it OTC rather than on the exchange?

Any experiences / advice to share on selling OTC?

 

[reddevil0728]

Check with the gurus here, the prices quoted on the exchange sgx for SGS is really bad.

for example, the market maker is quoting $93.001 to buy
https://www.sgx.com/fixed-income/products/8YLS

while OTC like on FSM bondsupermart is quoting what looks to me more like mkt rate $104.3
https://www.bondsupermart.com/bsm/bond-factsheet/NZ19100S

Anyone sold SGS on the secondary mkt before?

I suppose u do it OTC rather than on the exchange?

Any experiences / advice to share on selling OTC?

Tbh, take a step back.

You are seriously keen about SGS bond?

 

[philips107]

Tbh, take a step back.

You are seriously keen about SGS bond?

I bought NZ19100S SIGB 2.375% 01Jul2039 on a whim during the auction, 14 more yrs to go.

It's currently above par if using OTC prices.

 

[DevilPlate]

I bought NZ19100S SIGB 2.375% 01Jul2039 on a whim during the auction, 14 more yrs to go.

It's currently above par if using OTC prices.

Hearsay big amt >200k, banks/brokerage firms may entertain you.

 

[reddevil0728]

I bought NZ19100S SIGB 2.375% 01Jul2039 on a whim during the auction, 14 more yrs to go.

It's currently above par if using OTC prices.

how much did you buy?