Singapore Savings Bonds SSB September 2018 Issue Yields 2.42% for 10 Year and 1.74% for 1 Year
- Original Post from Investment Moats

Here is a higher yielding, safe way to save your money that you have no idea when you will need to use it, or your emergency fund.



The September 2018’s SSB bonds yield an interest rate of 2.42%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS)


However, if you only hold the SSB bonds for 1 year, with 2 semi-annual payments, your interest rate is 1.74%/yr.


$10,000 will grow to $12,447in 10 years.


This bond is backed by the Singapore Government and its available to Singaporeans.


A single person can own not more than SG$100,000 worth of Singapore Savings Bonds.


You can find out more information about the SSB here.



Note that every month, there will be a new issue you can subscribe to via ATM. The 1 to 10 year yield you will get will differ from this month’s ladder as shown above.


Last month’s bond yields 2.44%/yr for 10 years and 1.75%/yr for 1 year.


Here is the current historical SSB 10 Year Yield Curve with the 1 Year Yield Curve since Oct 2015 when SSB was started (Click on the chart, move over the line to see the actual yield for that month):



What is this Singapore Savings Bonds? Read my past write ups:



  1. This Singapore Savings Bonds: Liquidity, Higher Returns and Government Backing. Dream?

  2. More details of the Singapore Savings Bond. Looks like my Emergency Fund nIsow

  3. Singapore Savings Bonds Max Holding Limit is $100,000 for now. Apply via DBS, OCBC, UOB ATM

  4. Singapore Savings Bonds’ Inflation Protection Abilities

  5. Some instructions how to apply for the Singapore Savings Bonds


Past Issues of SSB and their Rates:



To get started with dividend investing, start by bookmarking my Dividend Stock Tracker which shows the prevailing yields of blue chip dividend stocks, utilities, REITs updated nightly

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7 likes 6 comments
thrusthebust

the rate is dropping.. wait for next 2 mths issue bah

TheLoneWolf

Would you say the best yield months (july, aug) are over? Oct is comparable to Sep.

kyith

Reply to @TheLoneWolf : you never know. personally i think not so much difference.

Sporeshare

Is a good way to park our extra cash there! no risk and can be redeem at anytime + pro-rated interest..No other product can come close to it. I just made a redemption for Dec 2017 subscription to swap for higher interest rate. Most probably will apply for this offer..

Sporeshare

Reply to @kyith : Is back by gov, should be no risk ..

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