Singapore Savings Bond SSB May 2026: 10-Year Avg Rate Climbed to 2.14%
By wealthfor.us • April 1, 2026
This month’s SSB May 2026 (SBMAY26 GX26050H) has been released: 1.40% for the first-year rate, and 2.14% for the 10-year average rate. Yay, the 10-year average rate broke the 2% mark again! After months of declining rates, we finally broke this trend this month! Given the ongoing rate-cut cycle, should we consider this SSB offering?
SSB Offering Details
This SSB May 2026 offers higher rates than the previous month’s, with the first-year rate at 1.40% and the 10-year average rate at 2.14%.The geopolitical situation in the Middle East between Israel, the US, and Iran may contribute to rising rates. With the Straits of Hormuz being blocked by Iran, around 20% of the global oil supply is affected, contributing to the skyrocketing price of oil. Unfortunately, higher oil prices may push inflation higher, reducing the likelihood of further rate cuts.If you are interested in this month’s SSB offering,...