The iBoxx SGD Statutory Boards Index is designed to measure the performance of SGD-denominated debt issued by Singapore statutory boards, with a minimum amount outstanding of SGD 150 million. Securities must have a minimum initial time to maturity of 18 months at issuance and a remaining time to maturity of at least one year at rebalancing. The index includes bonds from organizations established by the Singapore government that have been given autonomy to manage specific areas or oversee new developments in the country, with each statutory board reporting to a government ministry. Eligible bonds must be listed on www.sgdi.gov.sg as a Statutory Board.