Details for July 2022’s Singapore Savings Bond (SSB) is out, and rates look even better than they did last month. The ten-year average return is 2.71% p.a, while even 2-year rates are over 2% p.a:

Year From Issue Date	1	2	3	4	5	6	7	8	9	10
Interest %	1.69	2.65	2.80	2.80	2.83	2.89	2.89	2.89	2.89	3.00
Average p.a. return %	1.69	2.16	2.37	2.47	2.54	2.60	2.63	2.66	2.69	2.71

Last month’s June bond was the first time in a few years to not only reach the maximum offered amount, but was oversubscribed by more than 1.5 times the amount. Ostensibly to meet demand, the tranche size this month is S$600 million – almost double of last month’s S$350 million which itself is a bigger amount than what was previously offered (usually $100 to $200 million). What is Singapore Savings Bond? The video below was done for May 2022’s bond, but the other aspects apply to Singapore Savings Bonds in general:...