- Alternatives offer higher yields
- Why SSB might still be worth applying for
- My thoughts
- Am I applying this round?
The latest SSB for March 2023 has been announced with a 10 year average yield of 2.9%, 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.
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