The latest SSB for Feb 2023 has been announced with a 10 year average yield of 2.97%, down quite a bit from the peak of 3.47% for the Dec 2022 issuance. If you’re looking for places to park your cash or SRS funds, SSB could be a good option. Unfortunately, SSB is not eligible for CPFIS scheme so you can’t invest your CPF savings into it. Source: MAS For more details, refer to my Singapore Savings Bond (SSB) tracker page here.

Alternatives offer higher yields

Treasury bills or T-bills, fixed deposits, and even some bank savings accounts offer higher yields than SSB at the moment. Most cash funds and short-term bonds now offer around 4% yield. For example, the last 6-month T-bill had cut-off yield of 4.28%. There’s a tranche now open for auction on 5th Jan 2023 if you’re interested to put in a bid. Source:...