The expected interest rates of the May 2023 Singapore Savings Bonds (“SSB)” are based on the average SGS yields of March 2023. The daily “Average Buying Rates of Govt Securities Dealers 10-Year Bond Yield” for the month of March 2023 up to 24 March 2023 as below.
Photo source: https://easyfind.sg/guide-to-singapore-savings-bond-ssb-is-it-worth-buying/| March 2023 Date | 10-Year Yield |
|---|---|
| 1 | 3.32% |
| 2 | 3.44% |
| 3 | 3.40% |
| 6 | 3.33% |
| 7 | 3.33% |
| 8 | 3.38% |
| 9 | 3.40% |
| 10 | 3.23% |
| 13 | 3.10% |
| 14 | 2.94% |
| 15 | 3.04% |
| 16 | 2.94% |
| 17 | 2.94% |
| 20 | 2.83% |
| 21 | 2.93% |
| 22 | 2.91% |
| 23 | 2.83% |
| 24 | 2.85% |
| Average | 3.12% |
Do note that the above interest rate calculation covers from 1 March 2023 to 24 March 2023 which is a total of 18 business days. There are an additional of 5 business days till end of the month and thus the 10 year average yield may change slightly.
The expected 10 year average yield of the May 2023 issuance is approximately 3.12%, which is similar to the current April 2023 Singapore Savings Bond with a 10 year average yield of 3.15%.
Website: SBAPR23 GX23040S Bond...
