What happened?

Singapore Savings Bond (SSB) yields have dipped slightly in May 2026. The latest SSB offers a 10-year average return of 2.11%, down slightly from 2.14% p.a. in the previous month’s issuance. Earlier, I compared the Singapore Savings Bond (SSB) with fixed deposits, T-bills and savings accounts in May 2026. While the latest SSB yield is slightly lower than before, its 10-year average return of 2.11% p.a. remains above the best fixed deposit rates in Singapore and the latest 6-month T-bill yield. This may make the SSB worth considering for those looking for a relatively safe way to earn passive income in Singapore. In this article, I'll examine whether it is worth applying for the current SSB or waiting for the next one.

Latest SSB offers 10-year average interest rate of 2.11%

The latest SSB issuance offers a relatively attractive interest rate. If you hold on to the SSB...