Singapore Savings Bonds As Part Of Emergency Funds? This is a question which I have been pondering recently.
I am sure those who follow financial blogs would have heard of Singapore Saving Bonds (SSB).
For those who are not aware of SSB, it is essentially a form of Singapore Government Securities (SGS) that is available for subscription by individuals. The aim of SSB is to provide individuals with a safe and flexible way to save for the long term. If you hold your Savings Bond for the full 10 years, the average return per year on your investment will match the returns of a 10-year SGS at the point of your investment. In the last 10 years, the 10-year SGS yield has generally been between 2% to 3%. When SSB was launched in 2015, I did not bother to subscribe to it due to the following reasons: 1) The first