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Weekly recap: 6-month T-bill vs 50-year SGS bond vs SSB: Which is better?
By Beansprout  •  August 26, 2023
Investors have an option to earn a higher yield with the 6-month T-bill, 50-year SGS bond and SSB in the coming week. Fixed deposit rates are also starting to rebound. If you’re looking to earn a higher yield on your savings, there are several options for you to choose from this coming week. On Monday 28 August, we will see applications closing for the Singapore Savings Bonds, which is offering 1-year return of 3.01% and a 10-year average return of 3.06%.   On Tuesday, 29 August, we will see applications closing for the 50-year green SGS bond, which is offering a yield of 3.04%. Lastly, the next 6-month Singapore T-bill auction will take place on 31 August. After the cut-off yield fell to 3.73% in the previous auction, the closing yield on the 6-month T-bill has remained at about the same level. Amongst the three bonds, the SSB offers the most flexibility as investors can redeem their funds anytime. On the other hand, investors of the...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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