The latest Singapore Savings Bonds yields 0.37% for 1 year and 3.01% for the 10th year, giving us a 10 year average yield of 1.56%. The interest rates are paid every 6 months.

This is like the highest we have seen in a long time. Look at the interest rate change this month compared to the previous month issue here. I would think it is worth looking at.

Alternatively, Cash Management solutions like Endowus Cash Smart (Core: 0.8-1.0%, Enhanced: 1.4% to 1.6%) could be a better idea for those looking to optimise. Withdrawals are in shorter 3-5 business days unlike the Singapore Savings Bonds.

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.