The Jan 2016 Singapore Savings Bonds gives you 2.58% interest per year over 10 years | Investment Moats Skip to Content

The Jan 2016 Singapore Savings Bonds gives you 2.58% interest per year over 10 years

The January 2016’s SSB bonds yield an interest rate of 2.44%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS)

$10,000 will grow to $12,633 in 10 years.

This bond is backed by the Singapore Government and its available to Singaporeans.

You can find out more information about the SSB here.

Last month’s bond yields 2.44%/yr for 10 years.

Here is the current historical SSB 10 Year Yield Curve

What is this Singapore Savings Bonds? Read my past write ups:

  1. This Singapore Savings Bonds: Liquidity, Higher Returns and Government Backing. Dream?
  2. More details of the Singapore Savings Bond. Looks like my Emergency Fund nIsow
  3. Singapore Savings Bonds Max Holding Limit is $100,000 for now. Apply via DBS, OCBC, UOB ATM
  4. Singapore Savings Bonds’ Inflation Protection Abilities
  5. Some instructions how to apply for the Singapore Savings Bonds

Past Issues of SSB and their Rates:

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Will

Monday 15th of February 2016

Great simple article on SSB. As much as i am interested in SSB, i need advise on the timings of applying the bond on the best scenario (in this case, its the second issue). Currently even till date, i am still seeing an interest rate of 2.44 for March. Any insights on when there will be rise in the interest rate?

Kyith

Monday 15th of February 2016

Hi Will, no idea on that, and I think it is difficult to forecast that well.

zod

Monday 7th of December 2015

i recall reading an article that analyzes when it would give better returns if one should sell off existing ssb and buy a new higher interest rate ssb. anyone recall such an article? if not, could be a future article from kyith? (lazy me speaking. heh...)

Kyith

Wednesday 9th of December 2015

i think there is such an article written but this portion is just a small part of it. but you missed out on 1 month of payment,i believe the rule of thumb is, switch if the interest difference is substantial enough to be worth the hassle.

Jasmin

Friday 4th of December 2015

Hi Kyith Praying the yield in 2016 can reach or exceed that of Nov 2015.

Kyith

Friday 4th of December 2015

Hi Jasmin,

I think a lot of savers hope so!

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