Applied for Singapore Savings Bonds (SBSEP23 GX23090F)
By Live Rich Life Free  •  August 28, 2023

The Sep 2023 tranche of Singapore Savings Bonds (SSB) has an average yield of 3.06% over 10 years.

The first 7 years yield a flat 3.01% per annum; 8th year yields 3.14% p.a. and 9th, 10th years yield 3.2% p.a.

This is 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.

However, if we consider the great flexibility, liquidity of SSB for redemption and long-term lock down at above 3% p.a and above CPF OA yield of 2.5% p.a. for the next decade, then this tranche of SSB is fairly decent for us to park our spare cash at zero risk, capital guaranteed for the long-term. 

We could redeem SSB anytime , earning interest at 3.01% while getting back our capital for deployment to other investments or large item purchases unlike
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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!

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One response to “Applied for Singapore Savings Bonds (SBSEP23 GX23090F)”

  1. Thomas Tann says:

    Liquidity of SSB is poor.
    If u sell this month, u will get the proceeds next mth. Why so slow ? !

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