July Singapore Savings Bonds Allotment – Only $9,000 per person!
By Financial Horse  •  July 27, 2022
So the allotment results for the July 2022 Singapore Savings Bonds are out. And I mean… we all knew that these Singapore Savings Bonds would be hot. But wow… they are sizzling hot indeed.  

Singapore Savings Bonds Allotment – Only $9,000 per person!

Out of an issue size of $700 million, applications were received for $2.4 billion, which is almost 3.4 times subscribed. And the amount that each person gets? A whopping S$9,000. If you’re really lucky you get $9,500, but only 8.15% of applicants had this privilege. For the record, this was the interest for the July Singapore Savings Bonds. 2.0% for the first year, stepping up to 3.29% for the 10th year, and an average of 3% per year over 10 years.

What about the August Singapore Savings Bonds?

Out of curiosity, I decided to check out the...
Read the full article
By Financial Horse
Financial Horse was started to demystify financial investments. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse gallops through the mysteries ...

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance