Credit Rating
The Singapore Government has a AAA credit rating from international credit rating agencies. This makes Singapore Government Securities (SGS) some of the safest possible investments to hold.
Credit Rating
The Singapore Government has been accorded the strongest credit rating by international credit rating agencies.
| Rating agency | Local currency | Foreign currency |
|---|---|---|
| Moody's | Aaa | Aaa |
| S&P | AAA | AAA |
| Fitch | AAA | AAA |
| R&I | AAA | AAA |
What the rating means
Singapore's consistently high ratings show that it has strong creditworthiness, with a minimal probability of default.
For investors, this means that SGS bonds, T-bills and Savings Bonds are among the safest possible investments to hold.