Government bond yield · Singapore
Singapore 5-Year Bond Auction
The Singapore 5-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.
- اهمیت
- Low
- منتشرشده
- Twice a year
- ارز
- SGD · Singapore dollar
- بانک مرکزی
- The Monetary Authority of Singapore
آخرین ارقام
آخرین انتشار در 2026-10-28 منتشر شد و 2.09% بود. این بیشتر از 1.75% در دفعه قبل است.
در 6 انتشار اخیر بین 1.53% و 2.61% بود، با میانگین 1.94%. سه انتشار پیاپی افزایش داشته است.
| منتشرشده | برای | واقعی | پیش‌بینی | قبلی |
|---|---|---|---|---|
| 28 Oct 2026 | – | 2.09% | – | 1.75% |
| 26 Jun 2026 | – | 1.75% | – | 1.61% |
| 28 Jan 2026 | – | 1.61% | – | 1.53% |
| 27 Aug 2025 | – | 1.53% | – | 2.05% |
| 28 May 2025 | – | 2.05% | – | 2.61% |
| 26 Mar 2025 | – | 2.61% | – | 2.56% |
چرا مهم است
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.
روش محاسبه
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 inflationتغییرات چه معنایی دارند
- 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.
تاریخچه‌ای کوتاه
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.
پرسش‌ها
What is the Singapore 5-Year Bond Auction?
The Singapore 5-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 5-Year Bond Auction?
2.09%, published on 28 October 2026.
فقط محتوای آموزشی است، نه توصیه سرمایه‌گذاری. ارقام نتایج منتشرشده‌اند که تقویم ما ثبت کرده است؛ واکنش‌های بازار که توصیف شده‌اند معمول‌اند، نه تضمینی.