Singapore Investment Grade Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-singapore
Singapore Investment Grade Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 5.94%, fitted curve 3M–25Y (4.84%–6.58%), 32 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.84% | — |
| 6M | 4.87% | 5.02% |
| 9M | 4.90% | 5.07% |
| 12M | 4.94% | 5.06% |
| 2Y | 5.07% | 5.27% |
| 3Y | 5.19% | 5.55% |
| 4Y | 5.32% | 5.82% |
| 5Y | 5.44% | 6.08% |
| 7Y | 5.66% | 6.45% |
| 8Y | 5.76% | 6.78% |
| 9Y | 5.85% | 6.98% |
| 10Y | 5.94% | 7.16% |
| 15Y | 6.28% | 7.54% |
| 25Y | 6.58% | 7.85% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.07% and the 10-year 5.94%, a 10Y−2Y spread of +88 bp — positively sloped — as of 2026-10-26. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.07% | 5.29% | 4.78% | 4.94% | 4.79% | 4.73% | 4.63% |
| 10Y | 5.94% | 5.98% | 5.68% | 5.23% | 5.23% | 5.50% | 5.22% |
| 10Y − 2Y | +88 bp | +69 bp | +90 bp | +29 bp | +44 bp | +77 bp | +58 bp |
Yields by rating group
The same curve split by credit quality: 59 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.95%, A+ to BBB- 5.39%.
Bonds in this curve
A selection of 30 of the 59 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| IBM Intl Capital | 4.64% | 2027-02-05 | 4.60% | US449276AB03 |
| DBS | 4.53% | 2027-03-15 | 1.19% | US24023LAF31 |
| DBS | 3.94% | 2027-03-15 | 1.19% | US24023KAF57 |
| Temasek | 4.74% | 2027-08-20 | 3.75% | USY8563UAK44 |
| BOC Aviation | 5.03% | 2027-09-18 | 3.50% | US09681MAE84 |
| Flex LTD | 5.44% | 2028-01-15 | 6.00% | US33938XAE58 |
| BOC Aviation | 5.24% | 2028-11-09 | 5.75% | US66980Q2D87 |
| IBM Intl Capital | 5.18% | 2029-02-05 | 4.60% | US449276AC85 |
| Flex LTD | 5.78% | 2029-06-15 | 4.88% | US33938XAA37 |
| PSA Treasury PTE. LTD. | 5.01% | 2029-09-05 | 2.12% | XS2049150837 |
| BOC Aviation | 5.15% | 2029-09-11 | 3.00% | US09681MAK45 |
| DBS | 5.17% | 2029-10-16 | 5.28% | US24023KAQ13 |
| Flex LTD | 5.87% | 2030-05-12 | 4.88% | US33938XAB10 |
| BOC Aviation | 5.24% | 2030-09-17 | 2.62% | US09681MAS70 |
| IBM Intl Capital | 5.45% | 2031-02-05 | 4.75% | US449276AD68 |
| BOC Aviation | 5.39% | 2031-03-04 | 4.25% | US09681MAT53 |
| Temasek | 4.88% | 2031-08-02 | 1.62% | US87973RBA77 |
| DBS | 5.33% | 2031-10-16 | 5.49% | US24023LAT35 |
| Singapore Telecommunications LTD | 5.34% | 2031-12-01 | 7.38% | USY79985AD29 |
| Flex LTD | 6.15% | 2032-01-15 | 5.25% | US33938XAF24 |
| BOC Aviation | 5.50% | 2033-05-03 | 4.88% | US66980Q2C05 |
| IBM Intl Capital | 5.85% | 2034-02-05 | 4.90% | US449276AE42 |
| Nanshan Life PTE LTD | 6.96% | 2034-09-11 | 5.45% | XS2888260564 |
| Flex LTD | 6.70% | 2035-11-13 | 5.38% | US33938XAG07 |
| Llpl Capital PTE LTD | 7.26% | 2039-02-04 | 6.88% | USY51478AA66 |
| Temasek | 5.31% | 2039-11-23 | 5.38% | US87973RAB69 |
| Temasek | 5.70% | 2041-08-02 | 2.38% | US87973RBB50 |
| Temasek | 5.30% | 2042-07-23 | 3.38% | US87973RAD26 |
| IBM Intl Capital | 6.55% | 2044-02-05 | 5.25% | US449276AF17 |
| IBM Intl Capital | 6.68% | 2054-02-05 | 5.30% | US449276AG99 |