Singapore Savings Bond – August 2025 – Expected 10 Year Average Yield – 2.31%

The current expected 10-year average yield of the August 2025 issuance is approximately 2.31%, which is significantly lower than the current July 2025 Singapore Savings Bond (“SSB”) with a 10-year average yield of 2.49%.

This is computed based on the average SGS yields of June 2025. The daily “Average Buying Rates of Govt Securities Dealers 10-Year Bond Yield” for the month of June 2025 up to 20 June 2025 are as below.

June 2025 Date	10-Year Yield
2	2.43%
3	2.36%
4	2.36%
5	2.33%
6	2.27%
9	2.30%
10	2.30%
11	2.32%
12	2.29%
13	2.27%
16	2.32%
17	2.30%
18	2.28%
19	2.30%
20	2.29%
Average	2.31%

Do note that the above interest rate calculation covers from 1 June 2025 to 20 June 2025 which is a total of 15 business days. There are an additional of 6 business days till end of the month and thus the 10-year average yield may change.

For those who are interested to bid for the July 2025 issuance, do note that the closing date is on 25 June 2025 at 9.00pm.

Website: SBJUL25 GX25070Z Bond Details

Photo source: https://easyfind.sg/guide-to-singapore-savings-bond-ssb-is-it-worth-buying/

Disclaimer: Not financial advice. All data and information provided on this site is for informational purposes only.

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Background

Savings Bonds are a special type of Singapore Government Securities (“SGS”) with features that make them suitable for individual investors. Savings Bonds are fully backed by the Singapore Government.

Savings Bonds are redeemable in any given month, with no penalty for exiting the investment early. Interest payments are made every 6 months after issuance and interest rates “step up” (increases) each year.

For both maturity and redemption, you will receive the principal amount by the second business day of the next month. Accrued interest on the redemption amount shall be paid.

Website: Investing in Savings Bonds

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