Personal Finance
What to do with Singapore Savings Bond Return So Low?
By The Astute Parent  •  November 10, 2019

Singapore Savings Bond (SSB) dropped yet again!

The 1y rate is 1.56% and the 10y average yield is 1.71% for the Nov2019 issue!

I bought some of the Sep2019 issue and this post is on your strategies and if Singapore Savings Bond comes in useful.

One quick tip: buy just a few days before the closing. There's no benefit to buy too early also. Take note the closing date is always a few working days before end month (26th Nov 2019 for this issue).

Singapore Savings Bond (SSB) has NO potential capital gains unlike other bonds!

You'd buy the Singapore Savings Bond (SSB) from the SG government and it doesn't have any conditions attached for it's interest rates. It also doesn't have an active trading market for it.

If you are unfamiliar with the Singapore Savings Bond, refer to the video

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By The Astute Parent
We have been sharing in-depth insurance plan reviews to our community since 2016. TheAstuteParent is now the BIGGEST online resource of financial planning guides. We are committed to upholding it that way.
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