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Singapore Savings Bonds July-2023 Rates: Year 1 (2.76%), 10-Year Avg (2.82%)
By Turtle Investor  •  June 1, 2023
The July 2023 tranche of Singapore Savings Bonds didn’t bring any surprise as returns has remained close to the previous tranche. While I have selectively bought specific tranches in the past, I think I have more than enough allocation as of right now so I’m once again staying put. No actions on my part. Singapore Savings Bonds returns have already reached new highs in previous months as the momentum of Fed rate hikes continued to gather pace. The pivot seemed to have arrived but a hot economy and jobs report flamed the likelihood of YET another rate hike in on June 14, 2023. If you’re happy with returns of ~2.8% for what is virtually a risk-free instrument, you would be delighted with SSB. FREE RESOURCE : Read These 37 Things To Become An Expert On The Singapore Savings Bonds For the Singapore Savings Bonds (SSBs) historical rates from October 2015 until July 2023, please head over to my page (SSB Historical Rates) for more details....
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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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