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What is SSB and how does it benefit me? Many more details have since been released and two of the best resources out there explaining what the SSBs are all about is this MAS factsheet and this Business Times infographic. With the above resources, I need not bore you with the nitty-gritty details. But nonetheless, here’s some key features ......Oh it’s a bird! No, it’s a plane! And no, it’s none of them and definitely not Superman! The recent arrival is the new Singapore Savings Bonds! And it’s here to save everyone from those pathetic fixed deposits that our banks offer.
During the past few days, the local personal finance and investment space was all abuzz with excitement over the new Singapore Savings Bonds (SSBs). SMS Josephine Teo (erm…plenty of media exposure lately?) made an announcement on 26 March but merely provided a teaser, leaving personal finance nerds like me eagerly drooling in anticipation.
