Below are key highlights for the week ending 3 October 2014 (please click on the attachment for further detail):
- The SFI gained 0.22% to 118.65.
- YTD, the SFI now outperforms the STI by 0.42%, the first time since July 2014.
- Gains in the SFI were largely driven by government bonds (SFI Government Bond Index; +0.34%). Corporate bonds remained relatively flat (SFI Corporate Bond Index; +0.02%).
- SGX’s My Gateway recently published an article offering more insight into the features and development of the Singapore bond market as well as channels to participate in this growth. For more information, please click here.
- In the latest index rebalance, 11 issuances (approximately S$5.2 billion in market value) were added to the SFI. The SFI is now represented by 251 issuances (over S$135 billion in market value).
SFI Returns
| Index |
Total Return (%) |
Interest Yield (%) |
||
|
Week |
MTD |
YTD |
Current |
|
| SFI |
0.22% |
0.32% |
3.13% |
2.84% |
| SFI Government Bond Index |
0.34% |
0.49% |
2.71% |
2.62% |
| SFI Corporate Bond Index |
0.02% |
0.06% |
3.79% |
3.21% |
| - SFI Statutory Board Bond Index |
0.09% |
0.02% |
3.12% |
2.29% |
| - SFI Industrial Bond Index |
-0.02% |
0.13% |
4.29% |
4.06% |
| - SFI Financial Bond Index |
-0.06% |
0.05% |
4.26% |
3.75% |
| SFI 1-3 Year Bond Index |
0.03% |
0.05% |
1.06% |
2.75% |
| SFI 3-5 Year Bond Index |
0.10% |
0.19% |
2.11% |
2.59% |
| SFI 5-7 Year Bond Index |
0.10% |
0.25% |
3.64% |
2.93% |
| SFI 7-10 Year Bond Index |
0.34% |
0.47% |
4.79% |
2.93% |
| SFI 10+ Year Bond Index |
0.67% |
0.85% |
5.39% |
3.19% |
| Equity Benchmark: Straits Times Index1 |
-1.18% |
-0.72% |
2.71% |
N/A |
Source: Thomson Reuters Datastream (data as of 7 October 2014)
1Performance is measured on a price return basis for the Straits Times Index.
