So I recently received this question from an FH reader:
“Would you recommend to buy SSB this month or wait till next month?
Or is this a time frame allowable where you can buy this month, then if next month rates are higher, redeem and put into next month’s SSB?
Thank you!”
My response, for the record, was:
“I would say you wait until the end of the month (before the deadline to buy SSBs) to make this decision.
By then you will be able to have some idea of what next month’s SSBs yields would look like (based on this month’s SG10Y yield), and can better make this decision.
I’ll try to do a fuller article on this towards the end of the month.”
Well, it’s almost the end of the month now.
And the deadline to apply for Singapore Savings Bonds is next Thursday (25 April 2024)....
