The effective interest rate for July 2021 Singapore Savings Bonds (SBJUL21 GX21070X) is 1.53% if you held it for 10 years. As you can see from the chart above, the interest rates for Singapore Savings Bonds fell slightly from 1.61% to 1.53%. The minimum amount you can purchase is S$500. If you decide to hold and sell the current issue (SBJUL21 GX21070X) after 1 year, the effective interest rate is 0.36%. 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...