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SBAPR23 GX23040S – Singapore Saving Bonds (SSB) above 3% again. Buy or Bye?
By Careyourpresent  •  March 2, 2023
Today is the 1st day of March and the new SSB rates are out again! We are back to above 3% again to 3.15%. As mentioned in my post on 24 Feb 2023 (SAVERs – How to maximize your interest and my Market Transaction/Updates), the worldwide interest rates are going up and likely we get chance to buy higher SSB again as well as chance to take advantage of market weakness. https://www.mas.gov.sg/bonds-and-bills/singapore-savings-bonds Let’s see the breakdown of the 10 years rate. 1st year is 3.01% whereas the last year is 3.53% with average at 3.15%. Great rates! S$700.0 million are offered with last day of application on 28 Mar 2023, 9pm. Upcoming payment is on 01 Oct 2023 with subsequent payments (until maturity): Every 6 months on 01 Apr and 01 Oct. US Interest Rates If we look at the US Treasury Rates, US6M reached 5.16% with US10Y at 4%! Yield curve is highly inverted again. Inflation is not going away soon. FED not going to pivot so easily. For those FOMO (Fear of Missing Out)...
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By Careyourpresent
My name is Edmond Ng and I am 39 years old in year 2022. I am the founder of Careyourpresent site. I am a believer of Caring your Present and treasuring your time with your love ones. Most of the time we are busy with work, spending your precious time pursuing something which you don’t like but have to do in order to earn a living. Hence, please Love and Care for your PRESENT!
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