SBJAN23 GX23010Z results were announced today. The results came in a bit unexpected. I was allotted the full amount that I applied for. This month’s issue is so much different as compared to SBAUG22 whereby I was only partially allocated. Besides using cash, I have also dumped all my money in SRS into this month’s issue of Singapore Savings Bond since I do not plan to withdraw the money anyway until my retirement age at 62. If you look at the chart above, the effective interest rate for SBAUG22 is 3.0% as compared to SBJAN23 interest rate of 3.26% if you held the Singapore Savings Bond for 10 years. Is Singapore Savings Bond not attractive anymore? In my opinion, I think that most investors had flocked to purchase Treasury Bills as the recent issue of the Treasure Bill is at least 4.28% for...