Investing
Singapore Savings Bonds Issue February 2022 1 Year 0.52% 10 Year 2.18%
By Azrael's Financial Cents  •  January 21, 2022
The latest Singapore Savings Bonds yields 0.52% for 1 year and 2.18% for the 10th year, giving us a 10 year average yield of 1.64%. The interest rates are paid every 6 months. The short term yields has risen significantly. The long term yields have slightly reduced, perhaps in relation to the potential weakening of the economy due to the COVID-19 overhang. Alternatively, Cash Management solutions like Endowus Cash Smart (Core: 0.7-0.0%, Enhanced: 1.2% to 1.5%, Ultra: 2.0% to 2.2%) could be a better idea for those looking to have a balance of liquidity and interest rates. 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. This bond is a AAA bond backed by Singapore government (very safe)....
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By Azrael's Financial Cents
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