Singapore Savings Bond (SSB) continues to be a hot favourite as interest rates rise, and SSB September 2022 is out with 1-year returns at 2.63% p.a, 2-year returns at 2.67% p.a, and 10-year returns at 2.80% p.a. The tranche size is a new record of $900 million.
| Year from issue date |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
| Interest % |
2.63 |
2.71 |
2.71 |
2.71 |
2.71 |
2.79 |
2.86 |
2.94 |
3.00 |
3.04 |
| Average return per year %* |
2.63 |
2.67 |
2.68 |
2.69 |
2.69 |
2.71 |
2.73 |
2.75 |
2.78 |
2.80 |
Application timeline
You can use DBS, UOB, or OCBC banking portals to apply, and you will need a Central Depository (CDP) account. The application timeline for September’s Singapore Savings Bond is as follows:
| Opening Date |
Closing Date |
Allotment |
Issuance |
| 1st business day of month (6PM) |
4th last business day of the month (9PM) |
3rd last business day of the month (after 3PM) |
1st business day of the following month (end of day) |
| 1st August 2022 (6PM) |
26th August 2022 (9PM) |
29th August 2022 (after 3PM) |
1st September 2022 (by end of day) |
...
