The effective interest rate for March 2021 Singapore Savings Bonds (SBMAR21 GX21030F) is 0.97% if you held it for 10 years. The minimum amount you can purchase is S$500. If you decide to hold and sell the current issue (SBMAR21 GX21030F) after 1 year, the effective interest rate is 0.28%. I wouldn’t put my money into the Singapore Savings Bonds as the interest rate is simply too low. What are the alternatives? You can check my previous post on What can you invest with 500 Dollars? Singapore Savings Bonds Alternatives Last month, I have bought NTUC Income Gro Capital Ease guaranteed return of 1.58% per annum over 3 years using my SRS funds. At this point of writing, the current tranche of Gro Capital Ease is fully registered. You have to wait for the next tranche. Is Singapore Savings Bonds still Useful? Most of...