The effective interest rate for April 2021 Singapore Savings Bonds (SBAPR21 GX21040T) is 1.15% 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 (SBAPR21 GX21040T) after 1 year, the effective interest rate is 0.35%. 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 You can consider Dash EasyEarn or Dash PET which offers you a return of 2.0% and 1.5% respectively. Is Singapore Savings Bonds still Useful? Most of the financial products out there require you to invest using cold hard cash. This is where the Singapore Savings Bonds outshine them. You can purchase the Singapore Savings Bonds using your Supplementary Retirement Scheme (SRS) funds....