The latest interest rates on the Singapore Savings Bonds are out, and they are really attractive.
- Starting at 08%for Year 1
- Going up to 30%for Year 10
With an average return of
3.21% if held for 10 years.
This is better than the interest rates on CPF-OA by quite a bit.
That said, the latest
6-month T-Bills pay
3.77% interest rates – and quite a few of you have asked whether it’s better to just buy T-Bills instead.
So I wanted to share my views in this article.
Basics: November Singapore Savings Bonds pay 3.21% interest rates
To recap the key features of Singapore Savings Bonds, they are:
Risk Free – Fully backed by the Singapore Government.
Can be redeemed any time with accrued interest – You will get the money back at the start of the following month, per timeline below:...
