SBNOV22 GX22110A is 3.21%
By My Sweet Retirement  •  October 4, 2022
The effective interest rate for November 2022 Singapore Savings Bonds (SBNOV22 GX22110A) is 3.21% if you held it for 10 years. The interest rate is at record high level! The minimum amount  which you can purchase the Singapore Savings Bond is S$500. If you decide to hold and sell the current issue (SBNOV22 GX22110A) after 1 year, the effective interest rate is 3.08%. There is no lock in period and thus you can sell it anytime.
Year from issue date Interest % Average return per year %*
1 3.08 3.08
2 3.15 3.11
3 3.18 3.14
4 3.19 3.15
5 3.21 3.16
6 3.23 3.17
7 3.25 3.18
8 3.26 3.19
9 3.28 3.20
10 3.30 3.21
*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. Tracking Singapore Savings Bonds via Stocks Café My favourite website, Stocks Café has allows adding of Singapore Savings Bonds into your portfolio. If you didn’t know,...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.

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