Sentences with phrase «sgs yield»

Depending on the shape of the prevailing SGS yield curve, there may be certain occasions where the reference SGS yields do not allow a particular Savings Bond issue to have a monotonically increasing step - up interest feature (i.e. the implied coupon rates based on the reference SGS yields may decrease over part or all of the issue's tenor).

In the last 10 years, the 10 - year SGS yield has been between 2 % to 3 % most of the time.

If you hold your Savings Bond for the full 10 years, your return will match the average 10 - year SGS yield the month before your investment.

Based on the interest received from the 1st year to the 10th year, your effective return would be 2.4 % per year, which is also the average 10 - year SGS yield in June 2015.

SGS yields are published daily on the SGS website under «Daily SGS Prices».

Interest rates of Singapore Savings Bonds are calculated from the average 1 - year, 2 - year, 5 - year and 10 - year SGS yields.

Reference SGS yields for tenors between the benchmark issuances are interpolated using a hermite spline function.

These reference yields will be based on the simple average of the respective daily SGS benchmark yields from the month before the public notice of issuance (the «reference SGS yields»), as provided on the «Daily SGS Prices» page of the SGS website.

For the purpose of calculating the Step - up Coupon rates for Savings Bonds, the 1, 2, 5 and 10 - year benchmark SGS yields are used as reference.

Not exact matches

The interest rates of each Savings Bond issue are based on the average Singapore Government Securities (SGS) yields the month before applications for that issue open, and may be adjusted to maintain the «step - up» feature if market conditions do not allow it.

i. build a liquid SGS market to provide a robust government yield curve for the pricing of private debt securities;

Coupon rates for each issuance of Savings Bonds are determined such that the return over an investor's investment period is linked to long - term Singapore Government Securities (SGS) yields.

The investor's average annual compounded return over a holding period (e.g. 5 years) should correspond to yield to maturity of a corresponding SGS (e.g. 5 year SGS).

Savings Bond coupons satisfy the no - arbitrage rule, in that (i) the bond can be redeemed at any point of time at a face value of 1, (ii) the bond pays the same effective yield as a SGS bond for the same holding period.