The Government of Singapore issues Singapore Government Securities (SGS).
Understanding SGS and Its Issuer
Singapore Government Securities (SGS) are debt instruments issued by the Government of Singapore. These securities, which include both SGS bonds and Treasury bills, are fundamental to developing Singapore's debt capital markets and serve as a secure investment avenue for both individuals and institutions.
The Government of Singapore is the sole issuer of all SGS, including SGS (Market Development) bonds. The issuance of these securities is backed by the full faith and credit of the Singapore government, a commitment reflected in its robust sovereign credit rating.
Here is a summary of key characteristics of SGS bonds:
Feature | Detail |
---|---|
Issuer | Government of Singapore |
Sovereign Credit Rating | AAA |
Available Tenor | 2, 5, 10, 15, 20, 30 or 50 years |
Currency | SGD (Singapore Dollars) |
SGS bonds offer a range of maturities, from short-term bills to long-term bonds, providing investors with flexibility to match their investment horizons. The funds raised through SGS issuances are utilized for various government expenditures and contribute to building Singapore's national reserves.
For more comprehensive information on Singapore Government Securities, particularly for individual investors, you can refer to the official Monetary Authority of Singapore website.