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Singapore Savings Bonds Issue November 2020

The latest Singapore Savings Bonds yields 0.23% for 1 year and 1.79% for the 10th year, giving us a 10 year average yield of 0.91%. The interest rates are paid every 6 months.

The short term interest rates just made a slight dip, bringing it a new low. Long term seems to be picking up very slightly.

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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