Sovereign debt market
Every public country opens its bond programme with a first emission of 10,000 treasury bonds — private countries have no parliament to vote a loan, so they never issue any. Every bond in the world is worth the same: a face value of $0.10, paid in the issuer's own national currency at the exchange rate of the day the emission opened — so the price differs from country to country but the value never does. Each emission is a separate tranche with its own daily coupon rate and its own maturity date, so two bonds from the same country can pay differently and redeem on different days. Hold a bond and the state budget pays its emission's coupon every single day; when the emission matures the treasury buys it back at face value. Buy straight from the treasury or from other citizens, then hold for the coupon or list your own at any price you like. A country's credit rating climbs and falls with its budget — and if the treasury can no longer cover its coupons, it defaults on its debt until its finances recover.
Singapore
AAA · Prime
Servicing its debt
All countries
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Credit rating
AAA
Prime
$1,024.22
State budget
1,306.82
SGD · $1,024.22
Held by players
124
3 Holders
Paid per day
0.04
SGD /day
Active emissions
1
0.25%/day
Market Dividends Owners Transactions My bonds Top issuers
Country
Interest
Maturity
Price
Qty
$1,024.22
Primary · Emission #196 · Opening emission
Interest
0.25%/day
0.0003 SGD/day per bond
Maturity
Jul 24, 2027
Issued Jul 24, 2026
Price
0.1291 SGD
face 0.1291
Log in to trade treasury bonds.
Coupon payments
Paid in the last 30 days: 0.9029 SGD
When
Country
Holder
Qty
Amount
Aug 21, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 20, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 19, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 18, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 17, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 16, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 15, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 14, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 13, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 12, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 11, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 10, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 8, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 8, 2026
Ab76900 · Emission #196
56
0.0181 SGD
Aug 7, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 7, 2026
Ab76900 · Emission #196
56
0.0181 SGD
Aug 6, 2026
Mandalorian · Emission #196
67
0.0216 SGD
Aug 6, 2026
Ab76900 · Emission #196
56
0.0181 SGD
Aug 5, 2026
Ab76900 · Emission #196
56
0.0181 SGD
Aug 4, 2026
Ab76900 · Emission #196
56
0.0181 SGD
Aug 3, 2026
Ab76900 · Emission #196
56
0.0181 SGD
Aug 2, 2026
Ab76900 · Emission #196
52
0.0168 SGD
Aug 1, 2026
Ab76900 · Emission #196
52
0.0168 SGD
Jul 31, 2026
Ab76900 · Emission #196
52
0.0168 SGD
Jul 30, 2026
Ab76900 · Emission #196
52
0.0168 SGD
1 2 Page 2 of 2 · 75 result(s)
Bond owners
#
Owner
Country
Held
Listed
Per day
1
Mandalorian
67
0
0.0216 SGD
2
Ab76900
56
0
0.0181 SGD
Recent transactions
When
Country
Type
Buyer
Qty
Total
4d ago
Issue
Noize ← State Treasury
Emission #196
1
0.1291 SGD
Aug 6, 2026
Issue
Mandalorian ← State Treasury
Emission #196
67
8.65 SGD
Aug 3, 2026
Issue
Ab76900 ← State Treasury
Emission #196
4
0.5164 SGD
Jul 30, 2026
Issue
Ab76900 ← State Treasury
Emission #196
52
6.71 SGD
Log in to trade treasury bonds.
Top issuers by credit rating
Country
Rating
Issued
Per day
1 2 Page 1 of 2 · 77 result(s)