What is SSB? The Singapore Savings Bond (SSB) is a bond fully backed by the Singapore Government. No capital loss will be incurred and you can always get your investment amounts back. The SSB is a long-term bond offering step-up interest, meaning that the longer one invests in it, the higher the interest income. It is also flexible, and one can exit the SSB at any time without any penalties. The SSB has a step-up interest rate system, where the interest rate gets progressively higher for each year of funds staying invested in the bond. This means that, the longer you remain invested in the SSB, the higher interest rates and average yearly returns you will enjoy. For a better understanding of step-up interest, head over to Dr Wealth for a comprehensive explanation of SSB's interest system. Features of the SSB 1. Very Minimal Risk The Singapore Government’s credit rating by Moody’s, S&P, Fitch and R&I are...