The effective interest rate for May 2022 Singapore Savings Bonds (SBMAY22 GX22050N) is 2.09% if you held it for 10 years. As you can see from the above chart, the effective interest rate is at 12 months high. For the first time in 12 months, the effective interest rate rose above 2%. The minimum amount  which you can purchase the Singapore Savings Bond is S$500. If you decide to hold and sell the current issue (SBMAY22 GX22050N) after 1 year, the effective interest rate is 0.86%. There is no lock in period and thus you can sell it anytime. Despite the low interest rate, Singapore Savings Bonds complement your other savings and investments as a safe way to save for the long term. It is basically near to zero risks. The recent sudden Russia and Ukraine war has caused volatility in the global stock...