So the latest Singapore Savings Bonds are out. And interest rates are definitely on an uptrend. You’re looking at 3.01% for the first year (vs 2.76% for the previous month). And 3.15% over 10 years (vs 2.90% the previous month). There are 3 big questions I wanted to discuss for Singapore Savings Bonds:

1. Will Singapore Savings Bonds interest rates keep going up?
2. Should you buy Singapore Savings Bonds now or wait for interest rates to go higher?
3. Are Singapore Savings Bonds a good buy vs T-Bills or Fixed Deposit?

Singapore Savings Bonds interest rates have gone on a roller coaster ride the past 12 months Just to put things in perspective. Here’s how the 10 year yield on the Singapore Savings Bonds has evolved since Jan 2022. It went up most of 2022, before peaking in December 2022. And as of April 2023, interest rates are going up again....