Shares & Derivatives
Singapore Savings Bonds SSB Nov 2017 Issue Yields 2.07%!
By Investment Moats  •  October 4, 2017
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 Nov 2017’s SSB bonds yield an interest rate of 2.07%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) $10,000 will grow to $12,103 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. 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 2.13%/yr for 10 years. Here is the current historical SSB 10 Year Yield Curve: What is this Singapore Savings Bonds? Read ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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