The current projected 10-year average yield of the May 2026 Singapore Savings Bond (“SSB”) issuance is approximately 2.06%, which remains largely consistent with the April 2026 issuance with a 10-year average yield of 1.99%.
This is estimated based on the average SGS yields of March 2026. The daily “Average Buying Rates of Govt Securities Dealers 10-Year Bond Yield” for the month of March 2026 up to 20 March 2026 are as below.
| March 2026 Dates | 10-Year Yield |
|---|---|
| 2 | 1.92% |
| 3 | 1.97% |
| 4 | 1.97% |
| 5 | 1.98% |
| 6 | 2.00% |
| 9 | 2.12% |
| 10 | 2.07% |
| 11 | 2.05% |
| 12 | 2.06% |
| 13 | 2.10% |
| 16 | 2.12% |
| 17 | 2.13% |
| 18 | 2.10% |
| 19 | 2.15% |
| 20 | 2.12% |
| Average | 2.06% |
Do note that the above interest rate calculation covers the period from 2 March 2026 to 20 March 2026, which comprises of 15 business days. There are an additional 7 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 April 2026 issuance, do note that the closing date is on 26 March 2026 at 9.00pm.
Website: SBAPR26 GX26040E 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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