Libeara Ultra Short Sovereign Bond Fund
- AUM
- $62M
- 0D change
- -
- Yield · 7-day net
- 3.42%
- NAV
- 1.0000
- Management fees
- 0.20%
- Minimum
- $50K
- Redemption
- Daily
- Launched
- 14 May 2024
What this product is
A tokenized Singapore Variable Capital Company (VCC) sub-fund structured on the Libeara platform (incubated by SC Ventures). Invests exclusively in high-grade Singapore sovereign bills and MAS securities, providing institutional digital treasury yield in SGD.
- Underlying asset
- Singapore Government Securities (SGS) and Monetary Authority of Singapore (MAS) bills
- Asset class
- Tokenized Treasury
- Product structure
- Tokenized Fund
- Legal structure
- Singapore VCC Sub-Fund
- Issuer jurisdiction
Singapore- Fund domicile
- Singapore
- Base currency
- SGD
- Launched
- 14 May 2024
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
| DSGD | 2.64% | 0.20% | $75K | $74.8M |
| ULTRA-SGDthis product | 3.42% | 0.20% | $50K | $62M |
Who runs it
SingaporeTokenization platform incubated inside a global bank's innovation arm, structuring Singapore VCC funds for third-party managers. Positioned as neutral infrastructure rather than a competing asset manager.
Composition
- Monetary Authority of Singapore (MAS) Bills75.0%
- Short-dated Singapore Government Securities (SGS)20.0%
- SGD demand deposit cash buffer5.0%
No on-chain history has been recorded for this product yet. Its value outstanding comes from issuer disclosure rather than a contract read.
Assets under management
Yield history. 7-day net
NAV per token (stable $1.00)
This fund maintains a constant NAV of SGD 1.00 and distributes yield through token supply rather than price. NAV history is therefore flat by construction; monitor supply and yield instead.
Recent daily movement
No on-chain history recorded for this product yet.
Underlying portfolio
| Share | ||||
|---|---|---|---|---|
| Monetary Authority of Singapore (MAS) Bills | Treasury bills | 0–3 months | 75.0% | |
| Short-dated Singapore Government Securities (SGS) | Treasury bills | 3–6 months | 20.0% | |
| SGD demand deposit cash buffer | Cash & equivalents | - | 5.0% |
What you actually own
Economic exposure is to singapore government securities (sgs) and monetary authority of singapore (mas) bills. Weighted average maturity is 45 days, which sets how quickly the portfolio reprices as rates move.
- Treasury bills
- 95.0%
- Cash & equivalents
- 5.0%
Contractual terms
- Redemption frequency
- Daily
- Dealing cut-off
- 12:00 SGT business days
- Settlement
- T+1 SGD bank wire via Standard Chartered
- Redemption fee
- None
- Secondary venues
- Libeara Portal
- Transfer restrictions
- Transferable exclusively between whitelisted institutional and accredited investor wallets on the Libeara platform.
These are contractual terms from the offering documents. Observed settlement performance and any discretionary accommodation by the manager are explicitly out of scope.
Liquidity profile
Operational dependency network
Every firm and system this product relies on. Select any of them to open its profile.
Every counterparty and system this product depends on to function. Each card links to that entity's own profile: the question worth asking of each is what happens to your position if it stops working.
Open in Ecosystem Graph →Issuance & legal
Who is legally on the hook for this product.Custody
Where the backing assets actually sit.Markets & settlement
Where it trades and how value moves between venues and chains.
Edges marked derived are inferred from a structured field on this product that carries its own source; they are not independent confirmation of it. Edges without that mark were sourced separately from a disclosure naming both parties.
Networks and contracts
| Contract / asset id | |||
|---|---|---|---|
| EthereumPrimary | public l1 | 100.0% |
Service providers
If any of these has a problem, this product is affected.
- Administrator
- Libeara· Singapore
- Transfer agent
- Libeara· Singapore
- Tokenization platform
- Libeara· Singapore
- Oracle / attestation
- Libeara NAV Oracle
Who may hold this
- Minimum investment
- $50,000
- Allow-list required
- Yes
- Transfer restrictions
- Transferable exclusively between whitelisted institutional and accredited investor wallets on the Libeara platform.
Where it is available
United StatesNot available
European UnionNot availableSingaporeAvailable
United KingdomAvailable
SwitzerlandAvailable
Hong Kong SARNot available
United Arab EmiratesNot available- −United States
Availability is limited to the jurisdictions in the coverage boundary. Absence here means not covered, not necessarily prohibited. This is a classification of the offering documents, not legal advice.
Legal and regulatory
- Legal structure
- Singapore VCC Sub-Fund
- Product structure
- Tokenized Fund
- Fund domicile
- Singapore
- Issuer jurisdiction
- Singapore
- Transfer agent
- Libeara
The domicile of the fund and the jurisdiction of its manager are frequently different. Both are recorded separately because they drive different questions: tax and insolvency follow the domicile, supervision follows the manager.
Offering documentation
The documents behind the figures on this page. Anything marked verified has been checked by an analyst.
Daily value outstanding
Value outstanding as read from the token contracts each day, and the movement between readings. Mints and redemptions are not separable on-chain, so this is the net of both, not gross issuance.
No on-chain history recorded for this product yet.