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How Check Your December 2022 Singapore Savings Bonds (SSBs) Allotment Results [I Got $14,000]
By Turtle Investor  •  November 28, 2022
Fun fact : Did you know that Singapore Permanent Residents and foreigners are eligible to buy Singapore Savings Bonds as well? I have never thought about this question until I was asked about it, and a quick Google search gave me the answer. This month, I spent a lot of time outside of Singapore, got Covid in between trips and thankfully, still remembered to apply for SSBs just before the deadline. The Singapore Savings Bonds SSB interest rate history has been inching upwards ever since the FED embarked on interest rate hikes in an attempt to combat inflation, with the past SSB interest rates going from the lows of January 2022 (First Year 0.45%, 10-Year 1.78%) to the current highs of December 2022 (First Year 3.26%, 10-Year 3.47%). https://www.turtleinvestor.net/singapore-savings-bonds-historical-interest-rates/ The good (or bad) news, depending on how you see it, is that interest rates will likely continue to rise, albeit at a slower rate, through 2023 with the likely probability around 5.25% to 5.50% at...
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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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