As with 2024, there are up to three optional mini auctions subject to market conditions in February, May and October. Only one out of three mini auctions were issued this year.
The Monetary Authority of Singapore (MAS) has published its Singapore government securities (SGS) auction calendar for 2025 on Nov 15, featuring 10 auctions with no planned supply from syndication in 2025.
This is in comparison to the nine auctions in 2024 and one syndication each year in 2022 to 2024.
