Why Singapore Savings Bonds’ September 2025 Yield Drop to 2.11% Could Be the Opportunity Investors Are Missing Right Now
How do the Singapore Savings Bonds Compare to SGS Bonds or Singapore Treasury Bills?
Singapore savings bonds are like a “unit trust” or a “fund” of SGS Bonds.
But what is the difference between buying SGS Bonds and its sister, the T-Bills, directly?
The Government also issues the SGS Bonds and T-Bills, which are AAA rated.
Here is a MAS detailed comparison of the three:


The main advantage of the 1-year SGS Bonds and Six-month Singapore Treasury Bills is that you can get a more significant allocation currently compared to the Singapore Savings Bonds. This means that if you need to earn a good interest yield of $400,000, you get a better chance to fulfil that with 1-year SGS Bonds and Six-month Treasury Bills.
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