Government bond yield · Singapore
Singapore 10-Year Bond Auction
The Singapore 10-Year Bond 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.
- Importancia
- Low
- Publicado
- Twice a year
- Divisa
- SGD · Singapore dollar
- Banco central
- The Monetary Authority of Singapore
Últimas cifras
El último dato se publicó el 2026-08-27 y fue 2.3%. Es más que 2.09% la vez anterior.
En las últimas 4 publicaciones osciló entre 2.0% y 2.8%, con una media de 2.3%. Ha subido tres publicaciones seguidas.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 27 Aug 2026 | – | 2.3% | – | 2.09% |
| 28 Apr 2026 | – | 2.09% | – | 1.99% |
| 29 Oct 2025 | – | 1.99% | – | 2.79% |
| 26 Feb 2025 | – | 2.79% | – | 3.46% |
Por qué importa
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.
Cómo se calcula
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 inflationQué significan los cambios
- 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.
Una breve historia
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.
Preguntas
What is the Singapore 10-Year Bond Auction?
The Singapore 10-Year Bond 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 10-Year Bond Auction?
2.3%, published on 27 August 2026.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.