Sovereign debt market

Treasury Bonds

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

Credit rating

AAA

Prime

$1,010.37

State budget

1,296.01

SGD · $1,010.37

Held by players

129

2 Holders

Paid per day

0.0416

SGD /day

Bonds issued

9,999

On market

9,870

Best ask

0.1291

SGD

Active emissions

0.25%/day

Coupon payments

Paid in the last 30 days: 1.2558 SGD

When

Country

Holder

Qty

Amount

18d ago

Singapore

games · Emission #196

0.02 SGD

18d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

18d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

19d ago

Singapore

games · Emission #196

0.02 SGD

19d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

19d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

20d ago

Singapore

games · Emission #196

0.02 SGD

20d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

20d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

21d ago

Singapore

games · Emission #196

0.02 SGD

21d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

21d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

22d ago

Singapore

games · Emission #196

0.02 SGD

22d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

22d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

23d ago

Singapore

games · Emission #196

0.02 SGD

23d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

23d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

24d ago

Singapore

games · Emission #196

0.02 SGD

24d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

24d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

25d ago

Singapore

games · Emission #196

0.02 SGD

25d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

25d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

26d ago

Singapore

games · Emission #196

0.02 SGD

26d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

26d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

27d ago

Singapore

games · Emission #196

0.02 SGD

27d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

27d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

28d ago

Singapore

games · Emission #196

0.02 SGD

28d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

28d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

29d ago

Singapore

games · Emission #196

0.02 SGD

29d ago

Singapore

#990014263 · Emission #196

0.0003 SGD

29d ago

Singapore

Mandalorian · Emission #196

0.0216 SGD

Oct 8, 2026

Singapore

games · Emission #196

0.02 SGD

Oct 8, 2026

Singapore

#990014263 · Emission #196

0.0003 SGD

Oct 8, 2026

Singapore

Mandalorian · Emission #196

0.0216 SGD

Oct 7, 2026

Singapore

games · Emission #196

0.02 SGD

Oct 7, 2026

Singapore

#990014263 · Emission #196

0.0003 SGD

Oct 7, 2026

Singapore

Mandalorian · Emission #196

0.0216 SGD

Oct 6, 2026

Singapore

games · Emission #196

0.02 SGD

Oct 6, 2026

Singapore

#990014263 · Emission #196

0.0003 SGD

Oct 6, 2026

Singapore

Mandalorian · Emission #196

0.0216 SGD

Oct 5, 2026

Singapore

games · Emission #196

0.02 SGD

Oct 5, 2026

Singapore

#990014263 · Emission #196

0.0003 SGD

Oct 5, 2026

Singapore

Mandalorian · Emission #196

0.0216 SGD

Oct 4, 2026

Singapore

games · Emission #196

0.02 SGD

Oct 4, 2026

Singapore

#990014263 · Emission #196

0.0003 SGD

Page 2 of 5 · 212 result(s)

Recent transactions

When

Country

Type

Buyer

Qty

Total

Sep 26, 2026

Singapore

Trade

games ← Ab76900

Emission #196

0.0124 SGD

Sep 26, 2026

Singapore

Issue

Ab76900 ← State Treasury

Emission #196

0.7746 SGD

Sep 17, 2026

Singapore

Issue

#990014263 ← State Treasury

Emission #196

0.1291 SGD

Aug 6, 2026

Singapore

Issue

Mandalorian ← State Treasury

Emission #196

8.65 SGD

Aug 3, 2026

Singapore

Issue

Ab76900 ← State Treasury

Emission #196

0.5164 SGD

Jul 30, 2026

Singapore

Issue

Ab76900 ← State Treasury

Emission #196

6.71 SGD

Top issuers by credit rating

Country

Rating

Issued

Per day

Iran

AAA

$1,133.90

9,932

41,945.8892 IRR

Trade

Indonesia

AAA

$3,380.91

9,585

2,318.5338 IDR

Trade

Uzbekistan

AAA

$1,093.10

10,000

0 UZS

Trade

Nigeria

AAA

$3,027.51

9,887

21.5217 NGN

Trade

Colombia

AAA

$1,181.58

9,985

5.6387 COP

Trade

Argentina

AAA

$1,014.35

9,968

20.5353 ARS

Trade

South korea

AAA

$1,087.95

10,000

0 KRW

Trade

Chile

AAA

$1,004.77

10,000

15.5862 CLP

Trade

Kazakhstan

AAA

$1,132.70

10,000

0 KZT

Trade

Pakistan

AAA

$1,538.64

9,886

2.4992 PKR

Trade

Sri lanka

AAA

$1,155.42

9,978

0 LKR

Trade

India

AAA

$2,370.98

9,936

1.808 INR

Trade

Nepal

AAA

$1,149.81

10,000

0.4631 NPR

Trade

Japan

AAA

$1,034.08

10,000

5.7731 JPY

Trade

Kenya

AAA

$1,232.19

9,977

0 KES

Trade

Algeria

AAA

$1,147.67

9,947

0 DZD

Trade

Bangladesh

AAA

$1,205.11

9,981

0 BDT

Trade

Philippines

AAA

$1,025.92

10,000

0.1545 PHP

Trade

Egypt

AAA

$1,181.09

10,000

0.1284 EGP

Trade

Thailand

AAA

$1,102.67

9,776

5.3489 THB

Trade

Moldova

AAA

$1,011.46

10,000

0 MDL

Trade

South africa

AAA

$1,091.87

10,000

0.0211 ZAR

Trade

Morocco

AAA

$1,169.97

9,984

0.0702 MAD

Trade

China

AAA

$1,026.22

10,000

0.1202 CNY

Trade

Malaysia

AAA

$1,017.90

9,969

0.1319 MYR

Trade

Saudi arabia

AAA

$1,055.94

9,977

0 SAR

Trade

Peru

AAA

$1,049.62

10,000

0.0578 PEN

Trade

Georgia

AAA

$1,004.17

10,000

0.0007 GEL

Trade

New zealand

AAA

$1,018.81

9,972

0.3155 NZD

Trade

United states

AAA

$1,731.02

9,971

0.4035 USD

Trade

Canada

AAA

$1,071.41

9,985

0.0243 CAD

Trade

Australia

AAA

$1,016.09

10,000

0.1125 AUD

Trade

Singapore

AAA

$1,010.37

9,999

0.0416 SGD

Trade

Ecuador

AAA

$1,074.81

10,000

0 USD

Trade

Cuba

AAA

$1,041.55

10,000

0 CUC

Trade

Portugal

AAA

$1,120.57

10,000

0.0097 EUR

Trade

Ireland

AAA

$1,117.11

10,000

0.0004 EUR

Trade

Finland

AAA

$1,114.30

10,000

0.0009 EUR

Trade

Slovakia

AAA

$1,102.10

10,000

0.0004 EUR

Trade

Estonia

AAA

$1,068.95

10,000

0.0024 EUR

Trade

Cyprus

AAA

$1,067.48

10,000

0.0031 EUR

Trade

Belgium

AAA

$1,067.18

9,999

0.007 EUR

Trade

Greece

AAA

$1,063.94

10,000

0.0004 EUR

Trade

Montenegro

AAA

$1,061.71

10,000

0.0004 EUR

Trade

Bulgaria

AAA

$1,061.25

9,976

0.0156 EUR

Trade

Latvia

AAA

$1,059.33

10,000

0.0004 EUR

Trade

Germany

AAA

$1,050.93

9,952

0.009 EUR

Trade

France

AAA

$1,046.47

10,000

0.0029 EUR

Trade

Austria

AAA

$1,039.48

9,988

0.0125 EUR

Trade

Vietnam

$971.37

10,000

5,344.3812 VND

Trade

Page 1 of 2 · 77 result(s)

Treasury Bonds

Singapore

Order book

Coupon payments

Bond owners

Recent transactions

Top issuers by credit rating

Buy bonds