At Risk N Returns, I’m passionate about promoting sensible DIY investing through sharing my thoughts or documenting my investing journey. While I love to take calculated risks, I recognise that most Singaporeans don’t.
So here’s a relatively risk free way to invest your warchest or emergency funds with almost no lock-up period and generally higher yields than fixed deposits – the Singapore Savings Bond.
Here’s the latest issue details:
1. Latest SSB issue details
Issue Code: GX19060S
Amount Available: $350 million
Issue Date: 3 Jun 2019
Coupon Date: 1 June & 1 December
Maturity Date: 1 June 2029
Application: 2 May 6 pm to 28 May 9 pm
Results: 29 May 3 pm onwards
2. Interest Rate Trends
3. Growth of $10,000
The yield curve has pulled away from an inverted yield curve, following the footsteps of the US yield curve. That said, the US Treasury yield curve has dropped due to Jerome Powell’s commitment to suspend interest rate hikes. This has also affected SSB yields, with short term rates falling from 1.95% to 1.88% at present, making short term rates less attractive than prior issues.
4. Additional Resources and Guides
For more information, I’ve written an in-depth guide on how to buy SSBs.
Below are past SSB issues that I’ve covered as well:
May 2019
April 2019
March 2019
Other bonds I’ve covered in the past
SIA Retail Bonds
Temasek 2.7% Bonds
Happy Hunting
KK
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