The latest Singapore Savings Bonds yields 0.71% for 1 year and 2.28% for the 10th year, giving us a 10 year average yield of 1.91%. The interest rates are paid every 6 months.
This is like the first time I have seen the long term yields consistently at a flat rate. In the mid term, the yields looks decently high before tapering down again.
Alternatively, Cash Management solutions like Endowus Cash Smart (Core: 0.7-0.9%, Enhanced: 1.4% to 1.6%, 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....