Singapore Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-singapore-callable
Singapore Callable Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 6.21%, fitted curve 1M–25Y (4.53%–6.50%), 34 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.53% | — |
| 6M | 4.63% | 4.72% |
| 12M | 4.76% | 4.94% |
| 18M | 4.88% | 5.20% |
| 2Y | 5.00% | 5.45% |
| 3Y | 5.23% | 5.80% |
| 4Y | 5.43% | 6.23% |
| 5Y | 5.62% | 6.59% |
| 7Y | 5.92% | 6.97% |
| 8Y | 6.03% | 7.22% |
| 9Y | 6.13% | 7.30% |
| 10Y | 6.21% | 7.33% |
| 15Y | 6.42% | 7.26% |
| 25Y | 6.50% | 6.90% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.00% and the 10-year 6.21%, a 10Y−2Y spread of +121 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.00% | 4.75% | 4.91% | 4.76% | 4.73% | 4.35% | 4.34% |
| 10Y | 6.21% | — | — | — | — | 5.38% | 5.12% |
| 10Y − 2Y | +121 bp | — | — | — | — | +103 bp | +79 bp |
Yields by rating group
The same curve split by credit quality: 60 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.43%, A+ to BBB- 5.18%, Speculative 7.24%.
Bonds in this curve
A selection of 30 of the 61 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Singtel Group Treasury PTE LTD | 4.61% | 2026-10-03 | 2.38% | XS1497633179 |
| IBM International Capital PTE LTD | 4.26% | 2027-02-05 | 4.60% | US449276AB03 |
| Temasek Financial I LTD | 4.37% | 2027-08-20 | 3.75% | USY8563UAK44 |
| Temasek Financial I LTD | 4.38% | 2027-08-20 | 3.75% | US87976EAE68 |
| BOC Aviation LTD | 5.13% | 2027-09-18 | 3.50% | US09681MAE84 |
| Flex LTD | 5.08% | 2028-01-15 | 6.00% | US33938XAE58 |
| BOC Aviation LTD | 4.70% | 2028-11-09 | 5.75% | US66980Q2D87 |
| Singapore Airlines LTD | 5.12% | 2029-01-19 | 3.38% | XS2405871570 |
| IBM International Capital PTE LTD | 5.01% | 2029-02-05 | 4.60% | US449276AC85 |
| Seagate Data Storage Technology PTE LTD | 5.24% | 2029-06-01 | 4.09% | US81180LAU98 |
| Flex LTD | 5.58% | 2029-06-15 | 4.88% | US33938XAA37 |
| Seagate Data Storage Technology PTE LTD | 5.32% | 2029-07-15 | 3.12% | US81180LAV71 |
| BOC Aviation LTD | 4.98% | 2029-09-11 | 3.00% | US09681MAK45 |
| Flex LTD | 5.64% | 2030-05-12 | 4.88% | US33938XAB10 |
| Medco Cypress Tree PTE. LTD. | 7.53% | 2030-05-19 | 8.62% | USY56616AA68 |
| Seagate Data Storage Technology PTE LTD | 5.53% | 2030-07-15 | 5.88% | US81180LAT26 |
| BOC Aviation LTD | 5.10% | 2030-09-17 | 2.62% | US09681MAS70 |
| IBM International Capital PTE LTD | 5.37% | 2031-02-05 | 4.75% | US449276AD68 |
| Japfa PTE LTD | 7.75% | 2031-05-12 | 7.95% | US47112AAA16 |
| Japfa PTE LTD | 7.78% | 2031-05-12 | 7.95% | USY42898AA75 |
| Temasek Financial I LTD | 4.91% | 2031-08-02 | 1.62% | US87973RBA77 |
| Flex LTD | 5.85% | 2032-01-15 | 5.25% | US33938XAF24 |
| BOC Aviation LTD | 4.88% | 2033-05-03 | 4.88% | US66980Q2C05 |
| IBM International Capital PTE LTD | 5.63% | 2034-02-05 | 4.90% | US449276AE42 |
| Seagate Data Storage Technology PTE LTD | 5.93% | 2034-12-01 | 5.75% | US81180LBB09 |
| Flex LTD | 6.29% | 2035-11-13 | 5.38% | US33938XAG07 |
| Llpl Capital PTE LTD | 6.82% | 2039-02-04 | 6.88% | USY51478AA66 |
| Temasek Financial I LTD | 5.53% | 2041-08-02 | 2.38% | US87973RBB50 |
| IBM International Capital PTE LTD | 6.52% | 2044-02-05 | 5.25% | US449276AF17 |
| IBM International Capital PTE LTD | 6.62% | 2054-02-05 | 5.30% | US449276AG99 |