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Singapore Savings Bonds Issue June 2022

The latest Singapore Savings Bonds yields 1.43% for 1 year and 2.71% for the 10th year, giving us a 10 year average yield of 2.53%. The interest rates are paid every 6 months.

It has been a long while since I saw the 1 year interest rate at like 1%+. It actually does look attractive.

Alternatively, Cash Management solutions like Endowus Cash Smart (Core: 0.8-0.9%, Enhanced: 1.8% to 2.1%, Ultra: 2.3% to 2.7%) 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.

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1 comment:

  1. FYI EndowUs Savings plan - Enhanced & Ultra are losing money. There is risk associated in these savings plan. I speak from experience.
    And furthermore to me EndowUs investment team is not sensitive to market conditions. They didn't pivot when US market began to turned negative. Now its worse.
    When querying the investment team they will provide template reply, blaming everything but themselves.
    Not so special Robo advisor based versus their marketing materials that I had bought into.
    I wish for your future articles, you could do more in depth analysis rather than just read n vomit it out wholesale.
    It is dangerous for newbies who believed you and take a leap of faith.


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