Singapore Savings Bonds Issue January 2022
The latest Singapore Savings Bonds yields 0.45% for 1 year and 2.44% for the 10th year, giving us a 10 year average yield of 1.78%. The interest rates are paid every 6 months.
The short term yields remain rather flat, with a slight increase from the previous month's interest rates. The long term yields have slightly reduced, perhaps in relation to the potential weakening of the economy due to the new COVID-19 Omicron variant.
Alternatively, Cash Management solutions like Endowus Cash Smart (Core: 0.7-0.8%, Enhanced: 1.2% to 1.4%, Ultra: 1.9% to 2.1%) could be a better idea for those looking to have a balance of liquidity and interest rates. 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
- December 2021 Issue: 1 Year 0.41% 10 Year 2.78%
- November 2021 Issue: 1 Year 0.34% 10 Year 2.69%
- October 2021 Issue: 1 Year 0.35% 10 Year 2.55%
- September 2021 Issue: 1 Year 0.35% 10 Year 2.54%
- 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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