Singapore Savings Bonds Issue October 2020
The latest Singapore Savings Bonds yields 0.26% for 1 year and 1.66% for the 10th year, giving us a 10 year average yield of 0.90%. The interest rates are paid every 6 months.
Interest rates of recent issues seems to have stabilized, though remaining low.
Application/Withdrawal period is from the 1st Business Day of the Month to the 4th last Business Day of the Month.
You will receive the bonds/money on the 1st Business Day of the next month.
The fee is $2 for application/withdrawal for any sum.
This bond is a AAA bond backed by Singapore government (very safe).
You can invest it with cash or your Supplementary Retirement Scheme (SRS) account, with a total of $200,000 maximum invested, starting with a minimum of $500.
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