The current projected 10-year average yield of the March 2026 Singapore Savings Bond (“SSB”) issuance is approximately 2.19%, representing a slight decrease in comparison to the February 2026 issuance with a 10-year average yield of 2.25%.
This is estimated based on the average SGS yields of January 2026. The daily “Average Buying Rates of Govt Securities Dealers 10-Year Bond Yield” for the month of January 2026 up to 23 January 2026 are as below.
| January 2026 Dates | 10-Year Yield |
|---|---|
| 2 | 2.22% |
| 5 | 2.23% |
| 6 | 2.25% |
| 7 | 2.23% |
| 8 | 2.21% |
| 9 | 2.20% |
| 12 | 2.18% |
| 13 | 2.16% |
| 14 | 2.18% |
| 15 | 2.18% |
| 16 | 2.19% |
| 19 | 2.18% |
| 20 | 2.17% |
| 21 | 2.15% |
| 22 | 2.14% |
| 23 | 2.13% |
| Average | 2.19% |
Do note that the above interest rate calculation covers the period from 2 January 2026 to 23 January 2026, which comprises of 16 business days. There are an additional 5 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 February 2026 issuance, do note that the closing date is on 27 January 2026 at 9.00pm.
Website: SBFEB26 GX26020S Bond Details
Photo source: https://easyfind.sg/guide-to-singapore-savings-bond-ssb-is-it-worth-buying/
Disclaimer: Not financial advice. This content is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. The information presented is based on publicly available data and estimates that may be subject to change without notice. It does not take into account your individual financial situation, investment objectives, risk tolerance, or specific needs.
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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