Singapore Savings Bonds Issue May 2024
The latest Singapore Savings Bonds yields 3.26% for 1 year and 3.54% for the 10th year, giving us a 10 year average yield of 3.33%. The interest rates are paid every 6 months. Interest rates have managed to climb back a bit, hopefully we get to the rates last year.
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 in multiples of $500.
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
- April 2024 Issue 1 Year 2.99% 10 Year 3.27%
- March 2024 Issue 1 Year 2.95% 10 Year 3.28%
- February 2024 Issue 1 Year 2.74% 10 Year 3.26%
- January 2024 Issue 1 Year 3.00% 10 Year 3.27%
- December 2023 Issue 1 Year 3.30% 10 Year 3.68%
- November 2023 Issue 1 Year 3.21% 10 Year 3.63%
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