Shares & Derivatives
Singapore Savings Bonds Jul 2018 – Up to 3.41%pa Interest
By Invest Singapore Bonds  •  June 4, 2018

Singapore Savings Bonds SSB Jul 2018 offers coupon yields of 1.72% pa to 3.41% pa from Year 1 until Year 10. Investors can enjoy an average return of 2.63% pa when the bond is held to maturity in 2028. Details are summarised below.

Bond ID: GX18070N Tranche size: S$250 million Issue date: 2 Jul 2018 Maturity date: 1 Jul 2028 Interest payment dates: 1 Jul, 1 Jan every year Singapore Savings Bonds Jul 2018 is likely to be oversubscribed. Should you invest? Are interest rates attractive enough? Read our exclusive review of SSB Jul 2018 in our MUST-READ Latest Singapore Savings Bonds Investment Guide. Head there now.

You can start applying for this month’s SSB through POSB/DBS, OCBC, UOB ATMs and internet banking platforms from 1 Jun 2018.

Deadline for application: 26 Jun 2018 9pm Allotment results: 27 Jun 2018 after 3pm Eligibility

Singaporeans, PRs and foreigners can apply for the Singapore Savings Bonds.

...
Read the full article
By Invest Singapore Bonds
I am currently working in an investment bank and I dream to become a successful fund manager in the near future.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

1 Comments

One response to “Singapore Savings Bonds Jul 2018 – Up to 3.41%pa Interest”

  1. Fred says:

    The latest SSB- Jul2018 is the best amongst all the series so far. The average interest rate of 2.63% over 10 years to maturity is still less than CPF OA rate (2.5% p.a ) when compounded over 10 years. Based on both SSB and CPF OA till maturity, CPF would gross 2.8% after ten years of compounding. CPF OA after 55 and after Full Retirement Sum, can be used like ATM( withdrawal anytime).

Leave a Reply

Your email address will not be published.

Read More Articles
More from thefinance
%d bloggers like this: