The benchmark interest rate in Singapore was last recorded at 1.15 percent. This dataset provides the latest reported value for - Singapore Average Overnight Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Singapore Policy Rate

• Singapore cash rate (Policy Rate: Month Avg: Singapore: Overnight Rate) was set at 4.00 % pa in Jun 2023, compared with 3.72 % pa in the previous May 2023.
• Singapore Policy Rate averaged 0.40 % pa and is updated monthly, available from Jul 2005 to Jun 2023.
• The data reached an all-time high of 4.39 % pa in Sep 2022 and a record low of 0.02 % pa in Jul 2011.

• In the latest reports, Singapore SIBOR: SGD: Month End: 3 Months was reported at 4.09 % pa in Jun 2023.
• Its Long Term Interest Rate (Government Securities: Yield: Month End: 10 Years) was reported at 3.08 % pa in Jun 2023.
• Singapore Exchange Rate against USD averaged 1.35 (USD/SGD) in Jun 2023.
• Its Real Effective Exchange Rate was 131.63 in May 2023.

Singapore SG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 5.106 % pa in 2012. This records an increase from the previous number of 5.093 % pa for 2011. Singapore SG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 4.470 % pa from Dec 1978 (Median) to 2012, with 35 observations. The data reached an all-time high of 7.639 % pa in 1981 and a record low of 2.060 % pa in 1989. Singapore SG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics database.; ;

Inflation Rate in Singapore increased to 0.70 percent in September from 0.50 percent in August of 2025. This dataset provides - Singapore Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore NOP: Interest Rate: Interest Rate Swap data was reported at 363,106.000 Unit in Aug 2020. This records an increase from the previous number of 354,150.000 Unit for Jul 2020. Singapore NOP: Interest Rate: Interest Rate Swap data is updated monthly, averaging 309,263.000 Unit from Oct 2017 (Median) to Aug 2020, with 35 observations. The data reached an all-time high of 368,066.000 Unit in Jun 2020 and a record low of 242,755.000 Unit in Dec 2017. Singapore NOP: Interest Rate: Interest Rate Swap data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.KB002: OTC Derivative Statistics. [COVID-19-IMPACT]

Singapore NOP: Interest Rate: Options data was reported at 12,386.000 Unit in Aug 2020. This records an increase from the previous number of 12,183.000 Unit for Jul 2020. Singapore NOP: Interest Rate: Options data is updated monthly, averaging 13,052.000 Unit from Oct 2017 (Median) to Aug 2020, with 35 observations. The data reached an all-time high of 14,785.000 Unit in May 2018 and a record low of 7,756.000 Unit in Oct 2017. Singapore NOP: Interest Rate: Options data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.KB002: OTC Derivative Statistics. [COVID-19-IMPACT]

The yield on Singapore 10Y Bond Yield rose to 1.82% on October 24, 2025, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has fallen by 0.01 points and is 1.01 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Singapore 10Y Bond Yield - values, historical data, forecasts and news - updated on October of 2025.

Singapore NOP: Interest Rate: Cross Currency Swap data was reported at 45,337.000 Unit in Aug 2020. This records an increase from the previous number of 45,062.000 Unit for Jul 2020. Singapore NOP: Interest Rate: Cross Currency Swap data is updated monthly, averaging 39,130.000 Unit from Oct 2017 (Median) to Aug 2020, with 35 observations. The data reached an all-time high of 45,337.000 Unit in Aug 2020 and a record low of 30,474.000 Unit in Oct 2017. Singapore NOP: Interest Rate: Cross Currency Swap data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.KB002: OTC Derivative Statistics. [COVID-19-IMPACT]

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United States (IRLTLT01USM156N) from Apr 1953 to Aug 2025 about long-term, 10-year, bonds, yield, government, interest rate, interest, rate, and USA.

The yield on Singapore 5 Year Bond Yield rose to 1.65% on October 24, 2025, marking a 0.01 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.09 points, though it remains 1.10 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Singapore Government Bond 5y.

Singapore Hire Purchase Loan Rate of New Cars for 3 Years: 10 Finance Co Avg data was reported at 4.870 % pa in Sep 2018. This records an increase from the previous number of 4.830 % pa for Aug 2018. Singapore Hire Purchase Loan Rate of New Cars for 3 Years: 10 Finance Co Avg data is updated monthly, averaging 5.650 % pa from Jan 1983 (Median) to Sep 2018, with 429 observations. The data reached an all-time high of 12.670 % pa in Jan 1983 and a record low of 3.240 % pa in Apr 2012. Singapore Hire Purchase Loan Rate of New Cars for 3 Years: 10 Finance Co Avg data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.M001: Lending Rate.

India Base Rate: Foreign Banks: Development Bank of Singapore data was reported at 8.700 % pa in Dec 2018. This records an increase from the previous number of 8.600 % pa for Sep 2018. India Base Rate: Foreign Banks: Development Bank of Singapore data is updated quarterly, averaging 9.050 % pa from Sep 2010 (Median) to Dec 2018, with 34 observations. The data reached an all-time high of 10.000 % pa in Mar 2014 and a record low of 7.000 % pa in Sep 2010. India Base Rate: Foreign Banks: Development Bank of Singapore data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB002: Base Rate.

The yield on Singapore 20 Year Bond Yield rose to 1.90% on October 24, 2025, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has remained flat, and it is 0.95 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Singapore Government Bond 20y.

The yield on Singapore 30 Year Bond Yield rose to 2.01% on October 24, 2025, marking a 0.01 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.07 points, though it remains 0.73 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Singapore Government Bond 30y.

India Foreign Banks: Term Loan Rate: High: Development Bank of Singapore data was reported at 19.000 % pa in Dec 2018. This records an increase from the previous number of 16.990 % pa for Sep 2018. India Foreign Banks: Term Loan Rate: High: Development Bank of Singapore data is updated quarterly, averaging 14.860 % pa from Sep 2010 (Median) to Dec 2018, with 34 observations. The data reached an all-time high of 19.000 % pa in Dec 2018 and a record low of 13.500 % pa in Mar 2018. India Foreign Banks: Term Loan Rate: High: Development Bank of Singapore data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB041: Lending Rate: Other than Export Credit: Term Loan Rate: High.

The yield on Singapore 12 Month Bill Yield held steady at 1.35% on October 13, 2025. Over the past month, the yield has fallen by 0.04 points and is 1.60 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Singapore 12 Month Bill Yield.

The Withholding Tax Rate in Singapore stands at 15 percent. This dataset includes a chart with historical data for Singapore Withholding Tax Rate.

India Marginal Cost of Fund Based Lending Rate: 1 Year: Foreign Banks: Development Bank of Singapore data was reported at 8.700 % in Jun 2018. This records an increase from the previous number of 8.500 % for May 2018. India Marginal Cost of Fund Based Lending Rate: 1 Year: Foreign Banks: Development Bank of Singapore data is updated monthly, averaging 8.500 % from Apr 2016 (Median) to Jun 2018, with 27 observations. The data reached an all-time high of 9.150 % in Apr 2016 and a record low of 8.100 % in Apr 2017. India Marginal Cost of Fund Based Lending Rate: 1 Year: Foreign Banks: Development Bank of Singapore data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB005: Marginal Cost of Fund Based Lending Rate (MCLR): Monthly.

India Foreign Banks: Pre Shipment: Up to 180 Days: Low: Development Bank of Singapore data was reported at 8.100 % pa in Dec 2018. This records an increase from the previous number of 8.000 % pa for Sep 2018. India Foreign Banks: Pre Shipment: Up to 180 Days: Low: Development Bank of Singapore data is updated quarterly, averaging 9.200 % pa from Sep 2012 (Median) to Dec 2018, with 26 observations. The data reached an all-time high of 13.750 % pa in Dec 2012 and a record low of 7.150 % pa in Jun 2018. India Foreign Banks: Pre Shipment: Up to 180 Days: Low: Development Bank of Singapore data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MB010: Lending Rate: Export Credit: Pre Shipment: Up to 180 Days: Low.

The yield on Singapore 6 Month Bill Yield eased to 1.40% on October 3, 2025, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has remained flat, and it is 1.57 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Singapore 6 Month Bill Yield.