Redeemed Singapore Savings Bonds (SBAPR19 GX19040X)
By Live Rich Life Free  •  May 4, 2023


For the very first time, I redeemed an old Singapore Savings Bonds (SSB) which I subscribed in Mar 2019. 

This capital recycling act costs $2. I should be able to get back my funds of $10k, together with pro-rated accrued interest before 2 June 2023.

There it goes.

The April 19 tranche of SSB has only an average yield of 2.16% over 10 years. It is running in the fifth year now yielding 2.12% p.a which seems attractive in 2018 but very low in today's high interest environment.

Thus it is a no-brainer to get rid of it for the June 23 tranche which yields an average of 2.81% over 10 years.

This June 2023 tranche is also not very appealing considering that other low to risk-free alternatives such as T Bills and bank fixed deposits easily yield more than 3.5% currently.

Read the full article
By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance