Media Releases
Published Date: 21 July 2015

Launch of the Singapore Savings Bond Programme

Singapore, 21 July, 2015….The Monetary Authority of Singapore (MAS) today announced that the first Singapore Savings Bond will be issued on 1 October 2015. Interested investors may apply for this issue from 1 September 2015. A new Savings Bond will be issued every month thereafter. Singapore Savings Bonds are a new type of government bond that offers individual investors a safe, long-term and flexible product to meet their savings and investment needs.

Applying for the first Savings Bond issue

2   On 1 September 2015, MAS will publish a public notice to provide information on the 1 October 2015 Savings Bond issue, including the amount on offer and the interest pay-out schedule from the 1st to the 10th year. The notice will be published after 4.30pm on the Savings Bonds website ( ). This information will also be made available in local newspapers the following day. Investors should note the following:



 Applications open

1 September 2015, 6.00pm

 Applications close

25 September 2015, 9.00pm

 Application results

28 September 2015, after 3.00pm

 Issue date

Successful applicants will receive their Savings Bonds in their Central Depository (CDP) accounts on 1 October 2015.

 Apply through

DBS/POSB internet banking









3   In order to apply for Savings Bonds, individuals must have a bank account with participating banks, namely DBS/POSB, OCBC or UOB and an individual CDP Securities account with direct crediting service (DCS) enabledTo find out how to open a CDP Securities account or activate DCS for an existing CDP Securities account, please refer to CDP’s website ( or call the CDP Call Centre at 6535-7511.

4   A new Savings Bond will be issued every month for at least 5 years, so there is no need to rush for the first issuance. The Singapore Government plans to issue S$2-4 billion of Savings Bonds this year.

Savings Bonds website and hotline

5   To help investors understand the features of Savings Bonds and learn how to apply for them, MAS has set up a Savings Bonds website which is accessible now at: .  The website will also feature tools to help investors keep track of application timelines and understand the returns from investing in Savings Bonds over different investment periods.

6   In addition to the website, members of the public can call the Savings Bonds hotline at 6221-3682Operating hours: Mon-Fri, 8.30am to 5.30pm, excluding Public Holidays. to find out more about the programme.