So the latest
Singapore Savings Bonds yields are out, and they are really attractive.
I’ve set them out below, and they:
- Start at 63%for the 1st year
- Go up to 04%for the 10th year
If you are looking for a place to park your cash, this is probably the place to be.
Remember – Singapore Savings Bonds are:
- Risk free– Backed by the Singapore Government
- Can be redeemed any time with accrued interest
- Each person can apply up to $200,000
- Can be held for up to 10 years
How much Allocation of Singapore Savings Bonds are you likely to get?
The problem of course, is that these Singapore Savings Bonds are really attractive.
And everybody knows that.
So everybody in Singapore is desperately applying for them.
Last month’s SSBs were heavily oversubscribed, to the point that each person only got
$9,000 allocation.
Which is dismal to say the least.
This month, the offer size is slightly upsized at $900 million (vs last month’s $700 million)....
