Although the March issue's interest rates were not as attractive as the month for Feb, it was still oversubscribed and only those who applied below $38,500 were fully allocated. The increase in demand was probably due to the increase in Individual Limit and the permit to use SRS funds to purchase Singapore Savings Bond.
This month rates are just marginally better than the previous month for the short term but it is not as good for the long term. I might be subscribing as I have additional cash from the payout from M1. These will not be held till maturity for 10 years and just as temporary savings.
Average interest per annual for 1-year and 10-year period Apr 2019 Issue Details on this month SSB can be found on SGS website.As for the SIA bond, I think the
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