The SSB April 2024 issue of Singapore Savings Bonds by the Monetary Authority of Singapore reversed its downtrend as returns went up compared to the previous issue. In this latest issue of SSB, the 1-year returns come in at 2.95% whereas the 10-year average return is now 3.04%. On my SSB historical interest rates page (snapshot below), you can see the full history of the Singapore Savings Bonds issues presented in a table format and view the amount of SSBs for each issue that investors have already redeemed. Singapore Savings Bonds returns reached the previous highs in December 2022 (3.47%) and December 2023 (3.40%) as the momentum of the Fed rate hikes gathered pace. Looking at the table above, I think it wouldn’t be long before people start redeeming the inferior Feb 2024 and Mar 2024 issues. Meanwhile, I have diverted most of my idle funds into SSBs in previous months to pre-emptively lock in a yield of more than 3% for a ten-year duration....