Government bond yield · Singapore
Singapore 6-Month T-Bill Auction
The Singapore 6-Month T-Bill Auction is the yield on Singapore's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
- الأهمية
- Low
- صدر
- Every two weeks
- الإصدار التالي
- العملة
- SGD · Singapore dollar
- البنك المركزي
- The Monetary Authority of Singapore
أحدث الأرقام
صدر آخر إصدار في 2026-11-04 وجاء عند 1.86%. هذا أقل من 1.95% في المرة السابقة.
خلال آخر 12 إصدارات تراوح بين 1.47% و1.95%، بمتوسط 1.67%.
| صدر | المدة | الفعلي | التوقعات | السابق |
|---|---|---|---|---|
| 4 Nov 2026 | – | 1.86% | – | 1.95% |
| 22 Oct 2026 | – | 1.95% | – | 1.9% |
| 8 Oct 2026 | – | 1.9% | – | 1.92% |
| 24 Sep 2026 | – | 1.92% | – | 1.7% |
| 10 Sep 2026 | – | 1.7% | – | 1.6% |
| 27 Aug 2026 | – | 1.6% | – | 1.56% |
| 13 Aug 2026 | – | 1.56% | – | 1.59% |
| 30 Jul 2026 | – | 1.59% | – | 1.55% |
| 16 Jul 2026 | – | 1.55% | – | 1.5% |
| 2 Jul 2026 | – | 1.5% | – | 1.47% |
| 18 Jun 2026 | – | 1.47% | – | 1.48% |
| 4 Jun 2026 | – | 1.48% | – | 1.45% |
لماذا يهم
Government yields are the base of every other interest rate. Short maturities follow the Monetary Authority of Singapore's policy rate closely; long ones reflect expected growth, inflation and the risk of holding long debt. Higher yields relative to other countries attract capital and support the Singapore dollar; the gap between long and short yields (the yield curve) is a classic recession signal when it turns negative.
طريقة الحساب
The yield is the interest rate that makes the present value of the bond's coupons and repayment equal to its price; on a calendar it often reports the average yield at a government auction.
Price = Σ coupon ÷ (1 + y)ᵗ + face ÷ (1 + y)ᵀ
Inflation-linked (TIPS) yield ≈ nominal yield − expected inflationما تعنيه التغيرات
- Yields rise when prices of bonds fall: strong data and hawkish central banks push yields up.
- An inverted curve (2-year above 10-year) has preceded most US recessions, with a lag of a year or more.
- Inflation-linked yields show the real (after-inflation) return.
لمحة تاريخية قصيرة
Government bond markets go back to the Dutch and English debt of the 17th century; the US Treasury yield curve has been watched as a recession signal since research by Campbell Harvey in the 1980s.
MAS steers the Singapore dollar's exchange rate rather than an interest rate.
الأسئلة
What is the Singapore 6-Month T-Bill Auction?
The Singapore 6-Month T-Bill Auction is the yield on Singapore's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
What was the latest Singapore 6-Month T-Bill Auction?
1.86%, published on 4 November 2026.
When is the next Singapore 6-Month T-Bill Auction?
On Thursday 19 November 2026 at 05:00 UTC.
محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.