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: GX19080E
Amount Available: $350 million
Issue Date: 1 Aug 2019
Coupon Date: 1 Feb & 1 Aug
Maturity Date: 1 Aug 2029
Application: 1 Jul 6 pm to 26 Jul 9 pm
Results: 29 Jul 3 pm onwards
2. Interest Rate Trends
Rates across the board have dropped significantly month on month, I imagine it would not be attractive to investors at this point..
3. Growth of $10,000
4. Additional Resources and Guides
For more information, I’ve written an in-depth guide on how to buy SSBs.