Singapore Savings Bonds Issue September 2021
The latest Singapore Savings Bonds yields 0.35% for 1 year and 2.54% for the 10th year, giving us a 10 year average yield of 1.43%. The interest rates are paid every 6 months.
The short and long term yields remain rather flat, with a slight dip from the previous month's interest rates. I was hoping for it to inch slowly back up.
Alternatively, Cash Management solutions like Endowus Cash Smart (Core: 0.7-0.8%, Enhanced: 1.1% to 1.3%, Ultra: 1.8% to 2.0%) could be a better idea for those looking to optimise. Withdrawals are in shorter 3-5 business days unlike the Singapore Savings Bonds.
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.
Related Posts:
- Singapore Savings Bonds Historical Range Chart
- August 2021 Issue: 1 Year 0.34% 10 Year 2.74%
- July 2021 Issue: 1 Year 0.36% 10 Year 3.04%
- June 2021 Issue: 1 Year 0.38% 10 Year 3.22%
- May 2021 Issue: 1 Year 0.37% 10 Year 3.01%
- April 2021 Issue: 1 Year 0.35% 10 Year 2.21%
- March 2021 Issue: 1 Year 0.28% 10 year 1.94%
- February 2021 Issue: 1 Year 0.32% 10 Year 1.63%
- January 2021 Issue: 1 Year 0.27% 10 Year 1.64%
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