There was a time where I dumped all my excess cash into DBS Multiplier. It earned a good 2.3%, and was completely liquid. Boy, those were the good days.

Unfortunately, now that I’m based overseas, I’m in an unfortunate situation where I have some excess SGD that I want to generate interest on short term, and yet still be able to access at a moment’s notice.

Normally, I would go with the Singapore Savings Bonds for something like that, but the complete collapse of the Singapore Government Securities (SGS) yield curve has been a bit of a bother.

Basics: What are Singapore Savings Bonds 

I’m sure most of you are familiar with how the Singapore Savings Bond (SSB) works, but I’ll just summarise it quickly for the newer investors.

The Singapore Savings Bond is basically a special bond created by MAS, that is a hybrid between a