The effective interest rate for
September 2023 Singapore Savings Bonds (SBSEP23 GX23090F) is 3.06% if you held it for 10 years. This is a significant increase of 0.07% as compared to
SBAUG23 GX23080N effective interest rate at 2.99%. 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 of Singapore Savings Bond after 1 year, the effective interest rate is 3.01%. There is no lock in period and thus you can sell it anytime.
| Year from issue date | Interest % | Average return per year %* |
| 1 | 3.01 | 3.01 |
| 2 | 3.01 | 2.97 |
| 3 | 3.01 | 3.01 |
| 4 | 3.01 | 3.01 |
| 5 | 3.01 | 3.01 |
| 6 | 3.01 | 3.01 |
| 7 | 3.01 | 3.01 |
| 8 | 3.14 | 3.02 |
| 9 | 3.20 | 3.04 |
| 10 | 3.20 | 3.06 |
*At the end of each year, on a compounded basis. Singapore Savings Bonds is a good investment to complement your other savings...
