The current issuance of the Singapore Savings Bond (SSB) offers a 10-year average return of 2.85% per year. Applications for the latest SSB will close on 25 March. What happened? Interest rates have fallen sharply in the past month. In recent weeks, we saw the yield on the 6-month Singapore T-bill fall to 2.56%. The best 6-month fixed deposit rate has also fallen to 2.50%. Hence, when I was updating my comparison of where to park your cash, what stood out to me was that the current issuance of the SSB offers a 10-year average interest rate of 2.85%, above the T-bill yield and fixed deposit rate. As always, I see questions in the Beansprout community about the projected interest rate for next month’s SSB. Knowing what the projected SSB interest rate is may then allow us to decide if we should apply for the current SSB or wait for the next one....