There’s a new concern of Singapore Financial savings Bonds.
I’ve tracked nearly each concern of Singapore Financial savings Bond since its concern in Oct 2015.
The August 2026 SSB bonds (SBAUG26 GX26080T) yield an rate of interest of 2.06%/yr for the subsequent ten years. You’ll be able to apply by means of ATM or Web Banking by way of the three banks (UOB, OCBC, DBS)
Nonetheless, if you happen to solely maintain the SSB bonds for one 12 months, with two semi-annual funds, your rate of interest is 1.46%/yr.
The one-year SSB yield appears to be heading down, exhibiting a much less flat curve.
$10,000 will develop to $12,081 in 10 years.
The Singapore Authorities backs this bond, which you’ll spend money on if in case you have a CDP or SRS account (this contains Singapore Everlasting Residents and Foreigners).
A single individual can personal no more than SG$200,000 price of Singapore Financial savings Bonds. You may as well use your Supplementary Retirement Scheme (SRS) account to make a purchase order.
You will discover out extra data in regards to the SSB right here.
Word that each month, there can be a brand new concern you may subscribe to by way of ATM. The 1 to 10-year yield you’re going to get will differ from this month’s ladder, as proven above.
Final month’s bond yields 2.11%/yr for ten years and 1.46%/yr for one 12 months.
Right here is the present historic SSB 10-Yr Yield Curve with the 1-Yr Yield Curve since Oct 2015, when SSB was began (Click on on the chart, and transfer over the road to see the precise yield for that month):
How you can Apply for the Singapore Financial savings Bond – Software and Redemption Schedule
You’ll apply for the bonds all through the month. On the finish of the month, you’ll understand how most of the bonds you utilized have been profitable.
Right here is the schedule for software and redemption if you happen to want to promote:
You might have from the second day of the month to in regards to the twenty fifth of the month (technically the 4th day from the final working day) to use or resolve to redeem the SSB you want to redeem.
Your bond can be in your CDP on the first of the next month. You will note your money in your checking account linked to your CDP account on the first of subsequent month.
You Could Not Get All of the Singapore Financial savings Bonds That You Apply For
Do be aware that while you apply for the Singapore Financial savings Bonds, it’s possible you’ll not get all that you simply apply for. Consider this as you might be bidding for an quantity which is decided by the demand and provide of Singapore Financial savings Bonds.
When the rate of interest is low, the demand tends to be decrease relative to historical past, and you will get a extra vital quantity. Nonetheless, if the rate of interest may be very excessive, demand could be so overwhelming that you could be get a small portion you apply for.
For instance, within the August 2022 concern, you may apply for $100,000, however the most allotted quantity per individual was $9,000 solely. In the event you utilized for $8,000, you’d get your whole $8,000 allocation.
To evaluation the previous allotment pattern, you may check out SSB Allotment Outcomes right here.
How do the Singapore Financial savings Bonds Examine to SGS Bonds or Singapore Treasury Payments?
Singapore financial savings bonds are like a “unit belief” or a “fund” of SGS Bonds.
However what’s the distinction between shopping for SGS Bonds and its sister, the T-Payments, instantly?
The Authorities additionally points the SGS Bonds and T-Payments, that are AAA rated.
Here’s a MAS detailed comparability of the three:
The primary benefit of the 1-year SGS Bonds and Six-month Singapore Treasury Payments is that you will get a extra vital allocation at present in comparison with the Singapore Financial savings Bonds. Which means if you might want to earn curiosity yield of $400,000, you get a greater probability to fulfil that with 1-year SGS Bonds and Six-month Treasury Payments.
The short-term rates of interest are getting fairly thrilling, and short-term SGS bonds and treasury payments could also be relevant to complement your Singapore Financial savings Bonds allocation.
I wrote a information to indicate how one can simply purchase the Singapore Treasury Invoice and SGS Bonds right here. You’ll be able to learn How you can Purchase Singapore 6-Month Treasury Payments (T-Payments) or 1-Yr SGS Bonds.
My Previous Worth Add Articles Concerning the Singapore Financial savings Bonds
Learn my previous write-ups:
- This Singapore Financial savings Bonds: Liquidity, Greater Returns and Authorities Backing. Dream?
- Extra particulars of the Singapore Financial savings Bond. Seems to be like my Emergency Funds now
- Singapore Financial savings Bonds Max Holding Restrict is $200,000 for now. Apply by way of DBS, OCBC, UOB ATM
- Singapore Financial savings Bonds’ Inflation Safety Skills
- Some directions on methods to apply for the Singapore Financial savings Bonds
Previous Problems with SSB and their Charges:
- 2015 Oct, Nov, Dec
- 2016 Jan, Feb, Mar, Apr, Could, Jun, Jul, Aug, Sep, Oct, Nov, Dec
- 2017 Jan, Feb, Mar, Apr, Could, Jun, Jul, Aug, Sep, Oct, Nov
- 2018 Jan, Feb, Mar, Apr, Could, Jun, Jul, Aug, Sep, Oct, Nov, Dec
- 2019 Jan, Feb, Mar, Apr, Could, Jun, Jul, Aug, Sep, Oct, Nov, Dec
- 2020 Jan, Feb, Mar, Apr, Could, Jun, Jul, Aug, Oct, Nov, Dec
- 2021 Feb, Mar, Apr, Could, Jun, Jul, Aug, Sep, Oct, Nov, Dec
- 2022 Jan, Feb, Mar, Apr, Could, Jun, Jul, Aug, Sep, Oct, Nov, Dec
- 2023 Jan, Feb, Mar, Apr, Could, Jun, Jul, Aug, Sep, Oct, Nov, Dec
- 2024 Jan, Feb, Mar, Apr, Could, Jun, Jul, Aug, Sep, Oct, Nov, Dec
- 2025 Jan, Feb, Mar, Apr, Could, Jun, Jul, Aug, Sep, Oct, Nov, Dec
- 2026 Jan, Feb, Mar, Apr, Could, Jun, Jul,
Listed below are your different Greater Return, Secure and Quick-Time period Financial savings & Funding Choices for Singaporeans in 2026
Chances are you’ll be questioning whether or not different financial savings & funding choices provide you with greater returns however are nonetheless comparatively protected and liquid sufficient.
Listed below are totally different different classes of securities to contemplate:
[supsystic-tables id=1]
This desk is up to date as of seventeenth November 2022.
There are different securities or merchandise which will fail to fulfill the standards to present again your principal, excessive liquidity and good returns. Structured deposits comprise derivatives that enhance the diploma of danger. Many money administration portfolios of Robo-advisers and banks comprise short-duration bond funds. Their values might fluctuate within the quick time period and might not be splendid if you happen to require a 100% return of your principal quantity.
The returns offered usually are not solid in stone and can fluctuate based mostly on the present short-term rates of interest. It’s best to undertake extra goal-based planning and use probably the most appropriate devices/securities that will help you accumulate or spend down your wealth as an alternative of getting all of your cash in short-term financial savings & funding choices.
If you wish to commerce these shares I discussed, you may open an account with Interactive Brokers. Interactive Brokers is the main low-cost and environment friendly dealer I take advantage of and belief to speculate & commerce my holdings in Singapore, america, London Inventory Trade and Hong Kong Inventory Trade. They let you commerce shares, ETFs, choices, futures, foreign exchange, bonds and funds worldwide from a single built-in account.
You’ll be able to learn extra about my ideas about Interactive Brokers in this Interactive Brokers Deep Dive Sequence, beginning with methods to create & fund your Interactive Brokers account simply.
If you wish to commerce these shares I discussed, you may open an account with Interactive Brokers. Interactive Brokers is the main low-cost and environment friendly dealer I take advantage of and belief to speculate & commerce my holdings in Singapore, america, London Inventory Trade and Hong Kong Inventory Trade. They let you commerce shares, ETFs, choices, futures, foreign exchange, bonds and funds worldwide from a single built-in account.
You’ll be able to learn extra about my ideas about Interactive Brokers in this Interactive Brokers Deep Dive Sequence, beginning with methods to create & fund your Interactive Brokers account simply.
Kyith is the Proprietor and Sole Author behind Funding Moats. Readers tune in to Funding Moats to be taught and construct stronger, firmer wealth foundations, methods to have a Passive funding technique, know extra about investing in REITs and the nuts and bolts of Energetic Investing.
Readers additionally comply with Kyith to learn to plan effectively for Monetary Safety and Monetary Independence.
Kyith labored as an IT operations engineer from 2004 to 2019. At present, he works as a Senior Options Specialist in Payment-only Wealth Advisory Agency Providend. All opinions on Funding Moats are his personal and doesn’t symbolize the views of Providend.
You’ll be able to view Kyith’s present portfolio right here, which makes use of his Free Google Inventory Portfolio Tracker.
His funding dealer of selection is Interactive Brokers, which permits him to spend money on securities from totally different exchanges everywhere in the world, at very low fee charges, with out custodian charges, close to spot forex charges.
You’ll be able to learn extra about Kyith right here.
