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The September 2019’s SSB bonds yield an interest rate of 1.95%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS)
However, if you only hold the SSB bonds for 1 year, with 2 semi-annual payments, your interest rate is 1.65%/yr.
$10,000 will grow to $11,962in 10 years.
This bond is backed by the Singapore Government and its available to Singaporeans.
A single person can own not more than SG$200,000 worth of Singapore Savings Bonds. You can also use your Supplementary Retirement Scheme (SRS)account to purchase.
You can find out
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