By offering a yield exceeding 3%, the SSB July 2024 issue attracted a strong response from yield hunters and was oversubscribed. $1.3 billion (1.2x) worth of applications were received out of the total $1.1 billion available. The quantity ceiling is $59,000 (or $59,500), depending on how much you have applied for. If you did not get the full allocation, the August 2024 issue is expected to be an attractive option (about 3.2%) as well, so watch out for it. SSB Trend As Of July 2024 The Singapore Savings Bonds SSB historical interest rate has been very attractive for the past year until the dip in yield happened in February and March. Ever since the yield rebounded in April 2024 (3.04%), June 2024 (3.33%) and July 2024 (3.30%) have continued the uptrend. Unfortunately, the Singapore 10-year government bond chart might be downtrending for yield hunters, guaranteeing slightly lower returns on the August 2024 issue of the SSB....