There’s a new difficulty of Singapore Financial savings Bonds.
I’ve tracked nearly each difficulty of Singapore Financial savings Bond since its difficulty in Oct 2015.
The June 2026 SSB bonds (SBJUN26 GX26060N) yield an rate of interest of 2.11%/yr for the subsequent ten years. You possibly can apply via ATM or Web Banking by way of the three banks (UOB, OCBC, DBS)
Nonetheless, should you 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, displaying a much less flat curve.
$10,000 will develop to $12,132 in 10 years.
The Singapore Authorities backs this bond, which you’ll be able to put money into when you’ve got a CDP or SRS account (this consists of Singapore Everlasting Residents and Foreigners).
A single individual can personal no more than SG$200,000 value 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 info in regards to the SSB right here.
Observe that each month, there will likely be a brand new difficulty you’ll be able to 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 2.14%/yr for ten years and 1.40%/yr for one 12 months.
Right here is the present historic SSB 10-12 months Yield Curve with the 1-12 months 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):
Learn how to Apply for the Singapore Financial savings Bond – Utility 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 had been profitable.
Right here is the schedule for software and redemption should you want to promote:
You have got 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 will likely be in your CDP on the first of the next month. You will notice 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 word that whenever 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’re bidding for an quantity which is set 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 important quantity. Nonetheless, if the rate of interest could 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 difficulty, you’ll be able to apply for $100,000, however the most allotted quantity per individual was $9,000 solely. In the event you utilized for $8,000, you’ll get your complete $8,000 allocation.
To evaluate the previous allotment pattern, you’ll be able to 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, straight?
The Authorities additionally points the SGS Bonds and T-Payments, that are AAA rated.
Here’s a MAS detailed comparability of the three:
The principle benefit of the 1-year SGS Bonds and Six-month Singapore Treasury Payments is that you will get a extra important allocation presently in comparison with the Singapore Financial savings Bonds. Which means that if that you must earn a superb 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 moderately 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 possibly can learn Learn how to Purchase Singapore 6-Month Treasury Payments (T-Payments) or 1-12 months SGS Bonds.
My Previous Worth Add Articles Relating to 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 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 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,
Listed here are your different Greater Return, Secure and Brief-Time period Financial savings & Funding Choices for Singaporeans in 2026
You might be questioning whether or not different financial savings & funding choices provide you with larger returns however are nonetheless comparatively secure and liquid sufficient.
Listed here are completely different different classes of securities to contemplate:
| Safety Kind | Vary of Returns | Lock-in | Minimal | Remarks |
|---|---|---|---|---|
| Mounted & Time Deposits on Promotional Charges | 4% | 12M -24M | > $20,000 | |
| Singapore Financial savings Bonds (SSB) | 2.9% – 3.4% | 1M | > $1,000 | A superb SSB Instance.” data-order=”Max $200k per individual. When in demand, it may be difficult to get an allocation. A superb SSB Instance.”>Max $200k per individual. When in demand, it may be difficult to get an allocation. A superb SSB Instance. |
| SGS 6-month Treasury Payments | 2.5% – 4.19% | 6M | > $1,000 | Learn how to purchase T-bills information.” data-order=”Appropriate when you’ve got some huge cash to deploy. Learn how to purchase T-bills information.”>Appropriate when you’ve got some huge cash to deploy. Learn how to purchase T-bills information. |
| SGS 1-12 months Bond | 3.72% | 12M | > $1,000 | Learn how to purchase T-bills information.” data-order=”Appropriate when you’ve got some huge cash to deploy. Learn how to purchase T-bills information.”>Appropriate when you’ve got some huge cash to deploy. Learn how to purchase T-bills information. |
| Brief-term Insurance coverage Endowment | 1.8-4.3% | 2Y – 3Y | > $10,000 | A superb instance Gro Capital Ease” data-order=”Be sure that they’re capital assured. Normally, there’s a most quantity you should purchase. A superb instance Gro Capital Ease“>Be sure that they’re capital assured. Normally, there’s a most quantity you should purchase. A superb instance Gro Capital Ease |
| Cash-Market Funds | 4.2% | 1W | > $100 | Appropriate when you’ve got some huge cash to deploy. A fund that invests in mounted deposits will actively aid you seize the best prevailing rates of interest. Do learn up the factsheet or prospectus to make sure the fund solely invests in mounted deposits & equivalents. |
This desk is up to date as of seventeenth November 2022.
There are different securities or merchandise that will fail to fulfill the factors to offer 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 could fluctuate within the quick time period and is probably not splendid should you require a 100% return of your principal quantity.
The returns supplied are usually not forged 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 essentially the most appropriate devices/securities that will help you accumulate or spend down your wealth as a substitute of getting all of your cash in short-term financial savings & funding choices.
If you wish to commerce these shares I discussed, you’ll be able to open an account with Interactive Brokers. Interactive Brokers is the main low-cost and environment friendly dealer I exploit and belief to speculate & commerce my holdings in Singapore, the USA, London Inventory Alternate and Hong Kong Inventory Alternate. They will let you commerce shares, ETFs, choices, futures, foreign exchange, bonds and funds worldwide from a single built-in account.
You possibly can learn extra about my ideas about Interactive Brokers in this Interactive Brokers Deep Dive Collection, beginning with create & fund your Interactive Brokers account simply.
If you wish to commerce these shares I discussed, you’ll be able to open an account with Interactive Brokers. Interactive Brokers is the main low-cost and environment friendly dealer I exploit and belief to speculate & commerce my holdings in Singapore, the USA, London Inventory Alternate and Hong Kong Inventory Alternate. They will let you commerce shares, ETFs, choices, futures, foreign exchange, bonds and funds worldwide from a single built-in account.
You possibly can learn extra about my ideas about Interactive Brokers in this Interactive Brokers Deep Dive Collection, beginning with create & fund your Interactive Brokers account simply.
Kyith is the Proprietor and Sole Author behind Funding Moats. Readers tune in to Funding Moats to study and construct stronger, firmer wealth foundations, 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 properly for Monetary Safety and Monetary Independence.
Kyith labored as an IT operations engineer from 2004 to 2019. At the moment, he works as a Senior Options Specialist in Price-only Wealth Advisory Agency Providend. All opinions on Funding Moats are his personal and doesn’t signify the views of Providend.
You possibly can view Kyith’s present portfolio right here, which makes use of his Free Google Inventory Portfolio Tracker.
His funding dealer of alternative is Interactive Brokers, which permits him to put money into securities from completely different exchanges everywhere in the world, at very low fee charges, with out custodian charges, close to spot forex charges.
You possibly can learn extra about Kyith right here.
