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Are this month’s Singapore Savings Bonds a must buy? What is the expected allocation for each investor?
By Financial Horse  •  May 26, 2024
As you guys would know, this month’s Singapore Savings Bonds are pretty attractive. They yield 3.26% for the first 6 years. Going up to 3.33% over 10 years. These are some of the best yielding Singapore Savings Bonds in the history of SSBs. To the point where I would expect very strong demand for Singapore Savings Bonds this month (I myself will be applying).   Questions received on Singapore Savings Bonds I received this question from a reader: “Just to tickle your mind and plain speculation sake, any wild guesses from you as to the allocation for this upcoming Jun 2024 SSB?” Given I would be applying, I decided to look closer into the issue. And address 2 key questions:
  1. What is the projected interest rates on the July Singapore Savings Bonds – higher or lower?
  2. What is the expected allotment per investor on the June Singapore Savings Bonds?
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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