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,...