The effective interest rate for SSB SBAUG25 GX25080X is 2.29% if you held it for 10 years. The interest rates for this month’s issue of the SSB (Singapore Savings Bond) continue to decline further by 0.2% from 2.49% offered by SBJUL25. If you decided to sell off it after holding it for 1 year, the return per year is 1.82%. What are Singapore Savings Bonds? Singapore Savings Bonds are a type of government bond issued by the Monetary Authority of Singapore that offers individuals a safe and flexible way to save money. The “step up” feature of the SSB facilitates long term investment which means the return increases the longer you hold them for.
These bonds have a low minimum investment amount, starting at just $500, and…
