SSB 10-year return jumps to 3.33%. Better than fixed deposits?
By Beansprout  •  May 5, 2024
The latest Singapore Savings Bond (SSB) offers a 1-year return of 3.26% and 10-year average return of 3.33%. We find out how it compares against T-bills and fixed deposits. What happened? It seems like investors are taking a look at the Singapore Savings Bonds (SSBs) once again. I believe this could be because the latest SSB (SBJUN24 GX24060A) offers a 1-year interest rate of 3.26%, and 10-year average interest rate of 3.33%. The 10-year average return would be quite close to our projection shared earlier. This led to some excitement in the Beansprout community, as well as questions about whether the SSB will be oversubscribed. Indeed, as one member summed it up – “The key question is how much SSBs we will be able to get.” Let us find out if the latest SSB is better than T-bill and fixed deposits, and how realistic it will be to get full allocation of the SSB....
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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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