Singapore Savings Bonds Issue April 2023 1 Year 3.01% 10 Year 3.53%
By Azrael's Financial Cents  •  March 19, 2023
The latest Singapore Savings Bonds yields 3.01% for 1 year and 3.53% for the 10th year, giving us a 10 year average yield of 3.15%. The interest rates are paid every 6 months. Alternatively, Cash Management solutions like Endowus Cash Smart (Core: 3.4-3.7%, Enhanced: 3.8% to 4.1%) could be a better idea for those looking to have a balance of liquidity and interest rates (note that Enhanced and Ultra have some minor volatility). Withdrawals are in shorter 3-5 business days unlike the Singapore Savings Bonds.  Application/Withdrawal period is from the 1st Business Day of the Month to the 4th last Business Day of the Month. You will receive the bonds/money on the 1st Business Day of the next month. The fee is $2 for application/withdrawal for any sum in multiples of $500. This bond is a AAA bond backed by Singapore government (very safe)....
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By Azrael's Financial Cents
Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.

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