The effective interest rate for
July 2023 Singapore Savings Bonds (SBJUL23 GX23070H) is 2.82% if you held it for 10 years. This is a slight increase of 0.01% as compared to
SBJUN23 GX23060E effective interest rate at 2.81%. If you want to know how to predict the future interest rate of Singapore Savings Bonds, you can read more at
Predict Singapore Savings Bonds Interest Rate. The minimum amount which you can purchase the Singapore Savings Bond is S$500. If you decide to hold and sell the current issue (
SBJUL23 GX23070H) after 1 year, the effective interest rate is 2.76%. There is no lock in period and thus you can sell it anytime.
Year from issue date | Interest % | Average return per year %* |
1 | 2.76 | 2.76 |
2 | 2.76 | 2.76 |
3 | 2.76 | 2.76 |
4 | 2.76 | 2.76 |
5 | 2.76 | 2.76 |
6 | 2.76 | 2.76 |
7 | 2.76 | 2.76 |
8 | 2.95 | 2.78 |
9 | 3.02 | 2.81 |
10 | 3.02 | 2.82 |
*At the end of each year, on a compounded basis. Singapore Savings Bonds is a good investment to complement your other savings and investments...