Details for June 2022’s Singapore Savings Bond (SSB) is out, and rates are looking compelling. The ten-year average return is 2.53% p.a, while even 2-year rates are close to 2% p.a:

Year From Issue Date	1	2	3	4	5	6	7	8	9	10
Interest %	1.43	2.41	2.68	2.71	2.71	2.71	2.71	2.71	2.71	2.71
Average p.a. return %	1.43	1.92	2.16	2.30	2.37	2.43	2.46	2.49	2.51	2.53

What is Singapore Savings Bond? The Singapore Savings Bond is fully backed by the Singapore Government, and offers to provide individual with a safe and flexible way to save. The principal amount and returns are guaranteed, and you can redeem your SSB for cash anytime (subject to the redemption timeline). See more information such as how returns work and how to apply/redeem in the write-up I did for May 2022’s SSB....