SGS T-bills are fully backed by the Singapore Government.
- Government of Singapore
- 6 months or 1 year
- Interest rate
- No coupon. Issued at a discount to the face value
- Interest payments
- Upon maturity, investors receive the face value
- There is no capital gains tax in Singapore.
- For individuals, interest income earned on SGS is tax exempt.
- Non-residents without a permanent establishment in Singapore do not have to pay taxes on interest income.