Singapore Government Securities (SGS)

Bonds and treasuries

Maybank forecasts 4.5% growth in SGS in 2025, representing a net supply of $7.8 bil

With regards to the duration profile of overall SGS issuances, Maybank Securities analyst Winson Phoon notes that there is little change.

Bonds and treasuries

UOB ‘less enthusiastic’ on upcoming two-year SGS outperformance vs US Treasuries or Sora OIS

The two-year SGS, which matures on June 1, 2025, will be reopened on Feb 24 to the tune of $3.2 billion.

Bonds and treasuries

Issuance calendar structure for 2023 to look 'broadly similar' to that of 2022's: OCBC

The estimated gross SGS bond insurance size is estimated to be around $22 billion to $24 billion in 2023.

Right Timing

Uptrend of interest rates remains but treasury yields may have less upside

After the Fed raised FFR by 75 bps on July 27, the forecast is for slower hikes this year, for FFR to hit 4% by 1Q2023
MAS's new infrastructure bonds expected to garner 'decent interest': DBS - THE EDGE SINGAPORE

Bonds and treasuries

MAS's new infrastructure bonds expected to garner 'decent interest': DBS

DBS's Eugene Leow thinks that the auction size for the 30-year SGS (Infrastructure) bonds would be close to $2 billion.
SINGA bonds a 'long term positive' for SGD bond market: Maybank KE - THE EDGE SINGAPORE

Broker's Calls

SINGA bonds a 'long term positive' for SGD bond market: Maybank KE

SINGA bonds can help add diversity to the existing Singapore Government Securities (SGS), says the brokerage.
Investment opportunities arise from sell-off in Singapore Government Securities, says DBS - THE EDGE SINGAPORE

Bonds and treasuries

Investment opportunities arise from sell-off in Singapore Government Securities, says DBS

Investors can tap on opportunities from the sell-off in Singapore Government Securities that took place on Jan 20, says DBS.

MAS seeks to improve the way closing prices of SGS, MAS Bills are determined

SINGAPORE (Dec 1): The Monetary Authority of Singapore (MAS) has published a consultation paper proposing a framework to strengthen the process of determining the end-of-day prices for Singapore Government Securities (SGS) and MAS Bills.
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