With inflation at an all-time high, people in Singapore are on the lookout for investment instruments with higher interest rates and low-to-moderate risks.
After all, the stock market isn’t particularly stable in 2022.
In this article, we are going to look at fixed deposits in Singapore as well as the Singapore Savings Bonds (SSB), both of which have recently increased their interest rates significantly.
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Singapore Savings Bonds – What makes SSB attractive to investors?
Singapore Savings Bonds (SSB) were first introduced back in 2015. Fully-backed by the Singapore Government, no capital loss will be incurred and you can always get your investment amounts back.
The SSB is a long-term bond offering step-up interest, meaning that the longer one invests in it, the
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