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Singapore Savings Bonds SSB September 2024: Year 1 (3.06%), 10-Year (3.1%)
By Turtle Investor  •  August 1, 2024
The SSB September 2024 issue of Singapore Savings Bonds by the Monetary Authority of Singapore posted another small decline in its returns compared to the previous issue. This is yet another chance if you didn’t get the allocation that you wanted yet.
  • First-year returns are 3.06%
  • The 10-year average return is 3.10%
In this latest issue of SSB, we have the 11th highest returns ever in its history. Last month’s (August 2024) issue was the 7th highest yielding, in comparison. The bad news is that the issue has been downsized to $900 million ($100 million less than last month), which means fewer SSBs for everyone interested. To make matters worse, next month’s issue (see below) is likely going to see even lower returns. On my SSB historical interest rates page, you can view the full history of the Singapore Savings Bonds issues presented in table format and the number of SSBs for each issue that investors have already redeemed....
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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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