Wed. Dec 8th, 2021

Here is one safe-deposit box way to save money you have no idea when you will need it to use it, or yours emergency fund.

Profitability chart of Singapore savings bonds
The Singapore 10- and 1-year savings bond rate since the first issue in October 2015

He August 2021SSB bonds generate an interest rate of 1.43% / year for the next 10 years. You can apply through ATMs or Internet banking through the three banks (UOB, OCBC, DBS)

However, if you only keep SSB vouchers for 1 year, with 2 semi-annual payments, your interest rate is 0.35% / year.

It will grow to $ 10,000 $ 11,462 in 10 years.

This government is endorsed by the Singapore government and is available to Singaporeans.

Only one person can own it not more than $ 200,000 SG value of Singapore savings bonds. You can also use your own Complementary retirement scheme (SRS) account to buy.

Singapore Savings Bond Profitability Schedule

You can learn more about SSB here.

Please note that each month there will be a new number that you can subscribe to using an ATM. The 1 to 10 year performance you will get will be different from this month’s scale, as shown above.

Last monthBond yields 1.50% / year for 10 years i 0.34% / year for 1 year.

Here is the current 10-year SSB performance history curve with the 1-year performance curve since October 2015, when SSB was started (click on the graph, hover over the line to see the actual performance this month):

The application and repayment schedule

You will apply for the vouchers throughout the month. By the end of the month, you’ll know how many of the vouchers you applied for were successful.

Here is the calendar to order and change if you want to sell:

Date of application and redemption of Singapore savings bonds
Click to see a larger schedule

You have approximately 2 to 25 months (technically the 4th day of the last business day of the month) to apply for or decide to change the SSB you want to change.

Your deposit will be on your CDP on the 1st of the following month. You will see your cash in your bank account linked to your CDP account on the 1st of next month.

How do Singapore savings bonds compare to SGS bonds and Singapore treasury bonds?

Singapore savings bonds are like a “unit trust” or a “fund” of SGS bonds.

But what’s the difference between buying SGS bonds and your sister, the T-Bills, directly?

Both SGS bonds and T letters are also issued by the government and have an AAA rating.

Here is a detailed MAS comparison of the three:

SGS bonds versus Singapore banknotes versus Singapore savings bonds
Click to see a larger comparison table

What are these Singapore savings bonds? Read my previous notes:

  1. These Singapore savings bonds: liquidity, higher returns and government endorsement. Dream?
  2. More details of the Singapore savings bonds. Now it looks like my emergency funds
  3. The maximum holding limit for Singapore savings bonds is $ 200,000. Request it through DBS, OCBC and UOB ATMs
  4. Inflation protection skills of Singapore savings bonds
  5. Some instructions on how to apply for Singapore savings vouchers

Previous SSB issues and rates:

Register with the new SG Futu SG broker today before August 8 and you will be able to receive one Share Apple for free, a Nio GRATU .T share and 3 months of negotiation without commissions. All you have to do is open your account and deposit SG $ 2700 into your account and you can get this beloved welcome pack at worth 250 SG $ Perform 5 operations to unlock the level 1 badge and get your free Nio share.

Here are the simple steps which allow you to qualify in no time.

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