Invest
SSB 10-year return falls to 3.22% Still worth applying?
By Beansprout  •  July 1, 2024

What happened?

The interest rates for the latest Singapore Savings Bonds (SSBs) are out.  The August issuance of the SSB (SBAUG24 GX24080W) offers a 1-year interest rate of 3.19%, and a 10-year average return of 3.22%.  This is similar to our SSB interest rate projection earlier.  Let us find out if it the latest SSB is better than the T-bill and fixed deposits, and if it is worthwhile applying for the latest SSB.  Source: MAS
Don't miss out on the SSB
icon
Sign up to receive a free email reminder before applications for the latest SSB close.

Is it worth applying for the latest Singapore Savings Bonds (SSBs)?

#1 – 1 year and 10 year average interest rate lower than the previous issuance

...
Read the full article
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.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

  
  

TheFinance.sg

Read More Articles
More from thefinance
Invest Lion-MariBank SavePlus Fund (Mari Invest) Fee Is Now 0.25% By Turtle Investor • July 3, 2024
Invest At 4.2% annual returns with no lock-ins, is Chocolate Finance the real deal? By Singapore's Budget Babe • July 3, 2024
Personal Finance CPF Mystery Solved! By 1M65 • July 2, 2024
Property The Growing Number Of $2 Million Condos In Singapore: Is This The New Norm In 2024? By Stacked Homes • July 2, 2024