Singapore Savings Bonds Issue May 2024 1 Year 3.26% 10 Year 3.54%
By Azrael's Financial Cents  •  May 28, 2024

Singapore Savings Bonds Issue May 2024

The latest Singapore Savings Bonds yields 3.26% for 1 year and 3.54% for the 10th year, giving us a 10 year average yield of 3.33%. The interest rates are paid every 6 months. Interest rates have managed to climb back a bit, hopefully we get to the rates last year.

Application/Withdrawal period is from the 1st Business Day of the Month to the 4th last Business Day of the Month.

You will receive the bonds/money on the 1st Business Day of the next month.

The fee is $2 for application/withdrawal for any sum in multiples of $500.

This bond is a AAA bond backed by Singapore government (very safe).

You can invest it with cash or your Supplementary Retirement Scheme (SRS) account,...
Read the full article
By Azrael's Financial Cents
Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance