Buy and Sell SGS on the Secondary Market

You can buy or sell Singapore Government Securities (SGS) bonds and T-bills on the secondary market anytime before maturity. Individuals can trade SGS bonds on the Singapore Exchange (SGX) through their broker.

What You will Need

Before you participate in the SGS secondary market, you will need:

  • A trading account with a securities brokerage firm, if you wish to trade Singapore Government Securities (SGS) bonds on the Singapore Exchange (SGX).
  • An individual Central Depository (CDP) account, if you don't have one already. CDP is the custodian for your SGS holdings.

Ways to Buy and Sell

You can buy and sell SGS on the Singapore Exchange (SGX) or at dealer banks.

Note: Prices in the secondary market may change from day to day according to market conditions. If you sell your SGS before maturity, the price may be higher or lower than what you paid for them.

Trade on SGX

For: SGS bonds only

If your SGS bonds are held in your CDP account, you can trade them on the SGX through your broker.

You can use the same individual CDP and securities trading accounts that you use for trading stocks.

Fees
Trading on the SGX has transaction and brokerage costs.
Trading hours
From 9am to 5pm, with a break from 12 pm to 1pm.

Trade at Dealer Banks

For: SGS bonds and T-bills

You can buy or sell SGS bonds or T-bills through DBS, OCBC or UOB by visiting their main branches.

After You Trade

You purchase or sale of SGS will be reflected in your brokerage account and in your CDP account.