SSB for Jan 2019 has gotten itself to the next level – Offering 2% for the first year!! 

It seem to be going higher and higher, making short term deposits further and further unattractive as compared to SSB!

Image taken from SSB’s site – www.sgs.gov.sg I’ve written briefly on several issues of SSB previously which you might wish to refer to for some of my thoughts:
Singapore Savings Bond (SSB) – 1.78% (July 2018) 
Singapore Savings Bond (SSB) – 1.68% (June 2018)
Singapore Savings Bond (SSB) – 1.65% (May 2018)
Singapore Savings Bond (SSB) – 1.55% (Feb 2018) 

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 and attractive rates compared to FDs.  (In fact, SSB is offering a higher interest as compared to FD