The Monetary Authority of Singapore (MAS) issues 4-week bills as part of its money market operations to manage liquidity within the Singapore dollar (SGD) banking system. These bills are a key benchmark for short-term SGD interest rates. The auction results provide a snapshot of the liquidity conditions and short-term rate expectations in the Asian financial hub.
The auction is conducted via a uniform-price tender. Bidders submit the yield they are willing to accept, and all successful applicants are awarded the bills at the highest accepted yield (the cut-off yield).
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 1, 2026 | 1.53 | — | — |
| Aug 25, 2026 | 1.40 | — | — |
| Aug 18, 2026 | 1.42 | — | — |
| Aug 12, 2026 | 1.40 | — | — |
| Aug 4, 2026 | 1.40 | — | — |
| Jul 28, 2026 | 1.46 | — | — |
| Jul 21, 2026 | 1.40 | — | — |
| Jul 14, 2026 | 1.38 | — | — |
| Jul 7, 2026 | 1.40 | — | — |
| Jun 30, 2026 | 1.40 | — | — |
| Jun 23, 2026 | 1.44 | — | — |
| Jun 16, 2026 | 1.42 | — | — |
| Jun 9, 2026 | 1.44 | — | — |
| Jun 3, 2026 | 1.35 | — | — |
| May 26, 2026 | 1.34 | — | — |
| May 19, 2026 | 1.34 | — | — |
| May 12, 2026 | 1.37 | — | — |
| May 5, 2026 | 1.33 | — | — |
| Apr 28, 2026 | 1.31 | — | — |
| Apr 21, 2026 | 1.33 | — | — |
| Apr 14, 2026 | 1.36 | — | — |
| Apr 7, 2026 | 1.39 | — | — |
| Mar 31, 2026 | 1.40 | — | — |
| Mar 24, 2026 | 1.43 | — | — |
| Mar 17, 2026 | 1.39 | — | — |
| Mar 10, 2026 | 1.37 | — | — |
| Mar 3, 2026 | 1.31 | — | — |
| Feb 24, 2026 | 1.32 | — | — |
| Feb 16, 2026 | 1.30 | — | — |
| Feb 10, 2026 | 1.27 | — | — |
| Feb 3, 2026 | 1.31 | — | — |
| Jan 27, 2026 | 1.31 | — | — |
| Jan 20, 2026 | 1.30 | — | — |
| Jan 13, 2026 | 1.32 | — | — |
| Jan 6, 2026 | 1.44 | — | — |
| Dec 23, 2025 | 1.66 | — | — |
| Dec 16, 2025 | 1.44 | — | — |
| Dec 9, 2025 | 1.45 | — | — |
| Dec 2, 2025 | 1.63 | — | — |
| Nov 25, 2025 | 1.34 | — | — |
| Nov 18, 2025 | 1.31 | — | — |
| Nov 11, 2025 | 1.32 | — | — |
| Nov 4, 2025 | 1.34 | — | — |
| Oct 28, 2025 | 1.36 | — | — |
| Oct 22, 2025 | 1.42 | — | — |
| Oct 14, 2025 | 1.42 | — | — |
| Oct 7, 2025 | 1.41 | — | — |
| Sep 30, 2025 | 1.45 | — | — |
| Sep 23, 2025 | 1.45 | — | — |
| Sep 16, 2025 | 1.42 | — | — |
