So the
latest Singapore Savings Bonds are out! And the interest rates are absolutely terrible. You’re looking at
2.84% for the first 6 years, and
2.97% over 10 years.
I’ve been getting quite a few questions on this. Namely –
have interest rates peaked? And if so, should you be locking in interest rates at these levels? For example… an 18 month fixed deposit at 4.2%? There’s a lot more than meets the eye with this question. 3 key points that I wanted to address:
Why are Singapore Savings Bonds Interest Rates going down? Have interest rates peaked (or will they go back up)? Should you lock in an 18 month Fixed Deposit at 4.2% instead? Or 4.20% T-Bills? Basics: Interest Rates on the latest Singapore Savings Bonds
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