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.