Singapore Savings Bond Jul 2022 has been
announced by MAS. It would offer
1.69% to
3.00% interest over 10 years. This means that Singapore Savings Bond Jul 2022 is the most attractive SSB in 2022 so far.
- Bond ID: GX22070T
- Interest Rates: 1.69% to 3.00%pa
- Interest payment dates: 1 Jul, 1 Jan every year
- Tenure: 10 years (Issue date: 01 Jul 2022, Maturity date: 01 Jul 2032)
- Tranche size: S$600 million
- Issuer: Government of Singapore
Interest Payout of SSB Jul 2022
Singapore Savings Bond is a coupon paying bond. Unlike a vanilla bond, the yearly coupon payout is not constant. It typically increases and this interest payout is determined at launch of the bond.
The interest payout for Singapore Savings Bond Jul 2022 is 1.69% Year 1 to 3.00% in Year 10. This means that for an investment of S$5,000, you will be getting
S$1366.50 interest over 10 years, or
S$13665 with an investment of S$50,000....
