For individuals, interest income earned on SGS is tax exempt.

There is no capital gains tax in Singapore. Investors receive the face (par) value at maturity (i.e. No early redemption, but can be sold in the secondary market. Note: The price of SGS bonds may rise or fall before maturity. SGS bonds can be traded on the secondary market – at DBS, OCBC, or UOB branches or on SGX through securities brokers. Paid on the first business day of the month. Semi-annual coupon starting from the month of issue. Note: Only cash applications are eligible for the Public Offer of syndicated issuances Individuals, including foreigners, aged 18 years and above can buy SGS bondsĪuction: Up to allotment limit for auctionsĬash, Supplementary Retirement Scheme (SRS) funds or CPF Investment Scheme (CPFIS) funds MAS will seek to allocate the bonds in the Public Offer to as many individuals as possible, taking into account the distribution of applications. Syndication: Public Offer – fixed price and yield as determined in the Placement Tranche. Syndication: From time to time, according to indicative timeframe as announced by MASĪuction: Uniform price auction – competitive or non-competitive bids To finance major, long-term green infrastructure projectsĪuction: Monthly, according to the issuance calendar To finance major, long-term infrastructure Significant Infrastructure Government Loan Act 2021 (SINGA)

Government Securities (Debt Market and Investment) Act 1992 There are three different categories of SGS bonds, summarised here:įurther information on the Singapore Green Bond Framework SGS bonds are fully backed by the Singapore Government.

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