Issuance Calendar 2025
Notes:
- View the announcement (118.6 KB) accompanying the 2025 Issuance Calendar.
- The 2026 SGS Issuance Calendar will be released in October/November 2025.
- The issuance calendar is subject to revision by MAS.
- The issuance of 3 Month T-bills stopped on 12 December 2013.
- View past T-bills issuances at the statistics page.
- View past auction announcements and results.
- If an issuance, auction, coupon payment or redemption date falls on a day when MAS' electronic payment system is not in operation, the transaction will take place on the next business day.
SGS Bonds - Mini-auctions (optional)
Find out more about mini-auctions.
| Bond Announcement Date | Size Announcement Date | Auction Date | Issue Date | Maturity Date | Tenor | Issue Code | ISIN Code | Status |
|---|---|---|---|---|---|---|---|---|
| No mini-auction* | NA | NA | NA | NA | NA | NA | NA | NA |
| 02 May 2025 | 22 May 2025 | 28 May 2025 | 02 Jun 2025 | TBA | TBA | TBA | TBA | TBA |
| 01 Oct 2025 | 23 Oct 2025 | 29 Oct 2025 | 03 Nov 2025 | TBA | TBA | TBA | TBA | TBA |
Notes:
- View the announcement (118.6 KB) accompanying the 2025 Issuance Calendar.
- The 2026 SGS Issuance Calendar will be released in October/November 2025.
- The issuance calendar is subject to revision by MAS.
- ** The following bonds will remain as non-benchmark bonds:
- N524100X (Apr-29) – issue date on 2 Jun 2025.
- View past SGS Bonds issuances at the statistics page.
- View past auction announcements and results.
- If an issuance, auction, coupon payment or redemption date falls on a day when MAS' electronic payment system is not in operation, the transaction will take place on the next business day.
- *Following feedback from primary dealers, MAS will not be holding a mini-auction on 26 February 2025.
Notes:
- The 2026 Savings Bonds Issuance Calendar will be released in October/November 2025.
- The issuance calendar is subject to revision by MAS.
- View past Savings Bonds issuances at the statistics page
- View past announcements and results.
- You can apply to redeem your Savings Bonds each month between the announcement date and application closing date. Redemptions will take place on the issuance date of the new Savings Bond issue. The Savings Bonds will be redeemed at face value plus accrued interest.
- If an issuance, auction, coupon payment or redemption date falls on a day when MAS' electronic payment system is not in operation, the transaction will take place on the next business day.
CMTBs
CMTBs are available only to institutional investors .
Notes:
- As CMTBs are issued on an ad-hoc basis, the Issuance Calendar will be updated as and when new CMTBs are announced.
- CMTBs can be tailored to any tenor under 6 months.
- View past CMTBs issuances at the statistics page.
- View past auction announcements and results.
- If an issuance, auction, coupon payment or redemption date falls on a day when MAS' electronic payment system is not in operation, the transaction will take place on the next business day.
Notes:
- The issuance calendar is subject to revision by MAS.
- The issuance calendar for 2H 2025 will be released in May 2025.
- View past auction announcements and results.
- If an issuance, auction, coupon payment or redemption date falls on a day when MAS' electronic payment system is not in operation, the transaction will take place on the next business day.
Notes:
- The issuance calendar is subject to revision by MAS.
- The issuance calendar for MAS FRN for 2H 2025 will be released in May 2025.
- If an issuance, auction, coupon payment or redemption date falls on a day when MAS' electronic payment system is not in operation, the transaction will take place on the next business day.