Invest
Singapore Savings Bonds Issue November 2020 1 Year 0.23% 10 Year 1.79%
By Azrael's Financial Cents  •  October 16, 2020
Singapore Savings Bonds Issue November 2020
The latest Singapore Savings Bonds yields 0.23% for 1 year and 1.79% for the 10th year, giving us a 10 year average yield of 0.91%. The interest rates are paid every 6 months.
The short term interest rates just made a slight dip, bringing it a new low. Long term seems to be picking up very slightly.Application/Withdrawal period is from the 1st Business Day of the Month to the 4th last Business Day of the Month. You will receive the bonds/money on the 1st Business Day of the next month. The fee is $2 for application/withdrawal for any sum. This bond is a AAA bond backed by Singapore government (very safe).

You can invest it with cash or your Supplementary Retirement Scheme (SRS) account, with a total of $200,000 maximum invested, starting with a minimum of $500....
Read the full article
By Azrael's Financial Cents
Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance