If you haven’t been keeping track of interest rates for a while, you’ll be pretty amazed by the yield on Singapore Savings Bonds these days.
The July 2022 Singapore Savings Bond yields are below, and they’re one of the most attractive yields in a while.
Starting at 2.0% for the first year, and going as high as 3.29% in the 10th year, these bonds are even better than those at the peak of the 2018 rate hike cycle.
And with interest rates continuing their march up the next few months, the Singapore Savings Bonds might get even more attractive going forward.
I’m a buyer of the July Singapore Savings Bonds, and I will likely be applying every month going forward.
A lot of you have been asking for my views on the Singapore Savings Bonds and where to park excess cash, so I wanted to share some views in this article....