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Year 1 (3.26%) vs 10 Year Avg (3.47%) – New Highs For Singapore Savings Bonds Returns
By Turtle Investor  •  November 1, 2022
Singapore Savings Bonds returns have reached new highs with today’s release of the December tranche of Singapore Savings Bonds. For historical rates from October 2015 till now, see my page here.

December 2022 SSB – SBDEC22 GX22120S

Amount offered : S$1.0 billionInterest payment months : June and December (first payment on 1st Jun 2023)Opening date : Today (1st Nov 2022) // first business dayIssue date : 1st Dec 2022Maturity date : 01 Dec 2032Closing date : 25 Nov 2022, 9pm Yearly interest rates below. Expecting fierce interest for this round as well, seeing that the November 2022 tranche was over-subscribed by 2.4x and saw a cap of $10,000 allotment. Good luck! If you’re expecting the rates to keep going up and adopting a wait-and-see approach, you can consider putting your funds into MoneyOwl’s WiseSaver. Coincidentally, it is also giving a 5-day moving average returns of 3.26% p.a. which...
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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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