If you’ve been closely monitoring the interest rate of Singapore Savings Bond (SSB), you will notice the average interest of the latest issue is slightly higher than the previous month. While these rates aren’t as high as some previous SSBs that offered over 3% per annum, they may still be attractive options given the recent decline in interest rates offered by bank accounts.
If you are not familiar with Singapore Savings Bond (SSB), it is a Singapore government-backed safe investment, with step-up interest rates and flexible redemption options. SSBs provide a low-risk avenue for building a robust income stream under my Kueh Lapis Investment Framework.
You can check out our Complete Guide to Singapore Savings Bonds (SSB).
This Month’s Bond
The latest issuance of the Singapore Savings Bond (SSB) SBMAR25 offers a 10-year average return of 2.97% per year. You can apply for the latest SSB before the closing on 25 Feb 2025.
The bond’s Issue code is GX25030N, it has...