Tradable bonds issued by the Singapore government that pay a fixed coupon twice a year and return the principal at maturity, with tenures ranging from a few years to several decades. Backed by the Singapore government, they carry effectively no credit risk, though their market price moves with interest rates if sold before maturity.
Example: An investor wanting a long, predictable income stream might buy a 10-year SGS bond and hold it to maturity, collecting fixed coupons throughout.