Now, this coming round of SSB in June 2018 is more interesting offering up to 1.68% interest for the first year!! Image taken from SSB’s site – www.sgs.gov.sg I’ve previously blogged about 2 previous edition in May 2018 and Feb 2018, speaking about how attractive the interest look as compared to fixed deposit.
As a recap, on my thoughts about the shiny part for the Singapore Saving Bonds:
1. The flexibility in your funds
2. A risk-free place for you to park your money with no capital loss
3. A relatively lower amount required compared to FDs. (In fact, SSB is offering a higher interest as compared to FD today)
Below is the interest rate table for the upcoming SSB June 2018: