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Singapore Savings Bonds Issue September 2021 1 Year 0.35% 10 Year 2.54%
By Azrael's Financial Cents  •  August 16, 2021
The latest Singapore Savings Bonds yields 0.35% for 1 year and 2.54% for the 10th year, giving us a 10 year average yield of 1.43%. The interest rates are paid every 6 months. The short and long term yields remain rather flat, with a slight dip from the previous month's interest rates. I was hoping for it to inch slowly back up. Alternatively, Cash Management solutions like Endowus Cash Smart (Core: 0.7-0.8%, Enhanced: 1.1% to 1.3%, Ultra: 1.8% to 2.0%) 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. The fee is $2 for application/withdrawal for any sum...
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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.
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