Singaporean Treasury 2-year

SINGP

Singapore Treasury 2-Year bond decreases [Implied Yield 1.185%] 23 June, 2017

NEWS BITES - BONDS

Singapore Treasury 2-Year bond has decreased 5.0c (or 0.05%) from its last trading session of June 22, 2017 to close at SGD102.50, ending a three-day streak of rises. The bond matures in 1 year and 3 months; its yield to maturity has (YTM) increased by 1.9 basis points from 1.17% to 1.185%.

Singapore 2-Year1-day1-week1-month3-months1-year
Price Change %0.050.10.10.253.42
YTM change (%)1.634.440.842.7116.86

SECTION 1

1.1 Maturity

IssuerSingapore
Maturity DateSeptember 01, 2018

SECTION 2

SINGAPORE 2-YEAR BEARISH SIGNALS

2.1 Technicals:

+ The price decreased 0.1% in the last month.

2.2 Low Performance Indicators:

DescriptionValueRank In Market
Price/MAP2000.98In Bottom Quartile
Price/MAP501.0In Bottom Quartile

SECTION 3

PRICE VOLUME DYNAMICS

Technicals:

+ The Singapore 2-Year is at a discount of 3.7% to its 12-month high of SGD106.44 traded on September 07, 2016.

+ It is at a premium of 3.5% to its 12-month low of SGD99.0 traded on August 09, 2016.

+ The present value of SGD1,000 (PV1000) invested one year ago in Singapore 2-Year is SGD1,034, for a capital gain of SGD34.

PV$10001-week1-month1-year
singapore-2-year.SI1,0019991,034

SECTION 4

PERFORMANCE RANK

+ The 2-Year bond yield is ranked 16 out of 22 countries in the global sovereign bond index.

The table below shows today's 2-Year Bond Yield in %, current inflation rate in % and real rate of interest(%).

RankCountry2-Yr BondInflationReal Rate
1Kenya11.454.057.112
2Brazil9.394.085.102
3Russia8.014.13.756
4India6.392.993.305
5Colombia5.354.660.658
6Vietnam4.26.69-2.336
7Qatar3.923.50.408
8China3.441.22.216
9Philippines3.363.4-0.035
10Chile2.932.70.224
11Poland2.012.00.007
12Australia1.672.1-0.42
13South Korea1.651.9-0.247
14Thailand1.570.381.185
15United States1.342.2-0.837
16Singapore1.190.70.482
17Canada0.91.6-0.691
18Norway0.672.2-1.497
19Taiwan0.490.120.37
20United Kingdom0.232.3-2.02
21Portugal0.082.0-1.886
22Czech Republic0.050.2-0.151

SECTION 5

MACROECONOMIC INDICATORS

IndicatorValueGlobal Rank
GDP (USD Billion)29337
GDP growth yoy (%)2.528
Interest rate (%)0.5724
Inflation rate (%)0.79
Public debt (USD) (billion)33547
Public debt per person (USD)57,97862
Total annual debt change (%)7.735
Debt to GDP (%)112.060
Budget Surplus to GDP (%)1.33
Current account Surplus to GDP (%)19.02
Unemployment rate (%)2.34
Population (million)5.954

SECTION 6

CREDIT RATING SUMMARY

Singapore:

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAaa
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAAAHighest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGAAAHighest Credit Quality: "AAA" ratings denote the lowest expectation of default risk. It indicates that the issuer has exceptionally strong capacity for payment of financial commitments. Although the AAA debt protection factors may change, this capacity is highly unlikely to be adversely affected by any foreseeable event. 'AAA' is the highest issuer credit rating assigned by Dagong.

Source: www.BuySellSignals.com