The effective interest rate for
August 2022 Singapore Savings Bonds (SBAUG22 GX22080V) is 3% if you held it for 10 years. As you can see from the above chart, the effective interest rate is at record 12 months high. In fact, the effective interest rate is at all time high!
The minimum amount which you can purchase the Singapore Savings Bond is S$500. If you decide to hold and sell the current issue (SBAUG22 GX22080V) after 1 year, the effective interest rate is 2%. There is no lock in period and thus you can sell it anytime.
| Year from issue date |
Interest % |
Average return per year %* |
| 1 |
2.00 |
2.00 |
| 2 |
2.86 |
2.42 |
| 3 |
3.07 |
2.63 |
| 4 |
3.09 |
2.74 |
| 5 |
3.16 |
2.82 |
| 6 |
3.18 |
2.88 |
| 7 |
3.18 |
2.92 |
| 8 |
3.18 |
2.95 |
| 9 |
3.18 |
2.97 |
| 10 |
3.29 |
3.00 |
*At the end of each year, on a compounded basis.
Singapore Savings Bonds is a good investment to complement your other savings and investments due to the fact that it is near to zero risks.
Singapore Savings Bonds versus Dash EasyEarn and Dash PET
The return per annum for
Dash EasyEarn is 1.20% while
Dash PET is 0.70%....
