The effective interest rate for
March 2023 Singapore Savings Bonds (SBMAR23 GX23030A) is 2.90% if you held it for 10 years. As you can see from the graph above, the interest rate continue to decline. The interest rate for SBMAR23 is 0.07% lesser than SBFEB23. If you want to know how to predict the future interest rate of Singapore Savings Bonds, you can read more at
Predict Singapore Savings Bonds Interest Rate. The minimum amount which you can purchase the Singapore Savings Bond is S$500. If you decide to hold and sell the current issue (
SBMAR23 GX23030A) after 1 year, the effective interest rate is 2.76%. There is no lock in period and thus you can sell it anytime.
Year from issue date | Interest % | Average return per year %* |
1 | 2.76 | 2.76 |
2 | 2.76 | 2.76 |
3 | 2.76 | 2.76 |
4 | 2.76 | 2.76 |
5 | 2.76 | 2.76 |
6 | 2.76 | 2.76 |
7 | 2.90 | 2.78 |
8 | 3.13 | 2.82 |
9 | 3.26 | 2.86 |
10 | 3.26 | 2.90 |
*At the end of each year, on a compounded basis. Singapore Savings Bonds is a good investment...