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Singapore Savings Bonds SSB December 2019 Issue Yields 1.71% for 10 Year and 1.56% for 1 Year

November 5, 2019 by Kyith Leave a Comment

Here is a higher yielding, safe way to save your money that you have no idea when you will need to use it, or your emergency fund.

The December 2019’s SSB bonds yield an interest rate of 1.71%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS)

However, if you only hold the SSB bonds for 1 year, with 2 semi-annual payments, your interest rate is 1.56%/yr.

$10,000 will grow to $11,713 in 10 years.

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

A single person can own not more than SG$200,000 worth of Singapore Savings Bonds. You can also use your Supplementary Retirement Scheme (SRS) account to purchase.

You can find out more information about the SSB here.

December 2019 Singapore Savings Bonds Interest

Note that every month, there will be a new issue you can subscribe to via ATM. The 1 to 10 year yield you will get will differ from this month’s ladder as shown above.

Last month’s bond yields 1.74%/yr for 10 years and 1.62%/yr for 1 year.

Here is the current historical SSB 10 Year Yield Curve with the 1 Year Yield Curve since Oct 2015 when SSB was started (Click on the chart, move over the line to see the actual yield for that month):

The Application and Redemption Schedule

You will apply for the bonds through the month. At the end of the month, you will know how much of the bond you applied was successful.

Here is the schedule for application and redemption if you wish to sell:

You have 02 to about 25th of the month (technically the 4th day from the last working day of the month) to apply or decide to redeem the SSB that you wish to redeem.

Your bond will be in your CDP on the 1st of the next month. You will see your cash in your bank account linked to your CDP account on the 1st of next month.

How does the Singapore Savings Bonds Compare versus SGS Bonds versus Singapore Treasury Bills?

Singapore savings bonds, is like a “unit trust” or a “fund” of SGS Bonds.

But what is the difference between you buying SGS Bonds and its sister the T-Bills directly?

Both the SGS Bonds and T-Bills are also issued by the Government and are AAA rated.

Here is an MAS detailed comparison of the three:

SGS Bonds versus Singapore T-bills versus Singapore Savings Bonds — Click to see bigger comparison table

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

Past Issues of SSB and their Rates:

Do Like Me on Facebook. I share some tidbits that is not on the blog post there often. You can also choose to subscribe to my content via email below.

I break down my resources according to these topics:

Building Your Wealth Foundation – If you know and apply these simple financial concepts, your long term wealth should be pretty well managed. Find out what they are
Active Investing – For the active stock investors. My deeper thoughts from my stock investing experience
Learning about REITs – My Free “Course” on REIT Investing for Beginners and Seasoned Investors
Dividend Stock Tracker – Track all the common 4-10% yielding dividend stocks in SG
Free Stock Portfolio Tracking Google Sheets that many love
Retirement Planning, Financial Independence and Spending down money – My deep dive into how much you need to achieve these, and the different ways you can be financially free
Providend – Where I work doing research. Fee-Only Advisory. No Commissions. Financial Independence Advisers and Retirement Specialists. No charge for first meeting to understand how it works

Singapore Savings Bonds SSB November 2019 Issue Yields 1.74% for 10 Year and 1.62% for 1 Year

October 2, 2019 by Kyith Leave a Comment

Here is a higher yielding, safe way to save your money that you have no idea when you will need to use it, or your emergency fund.

The November 2019’s SSB bonds yield an interest rate of 1.74%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS)

However, if you only hold the SSB bonds for 1 year, with 2 semi-annual payments, your interest rate is 1.62%/yr.

$10,000 will grow to $11,740 in 10 years.

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

A single person can own not more than SG$200,000 worth of Singapore Savings Bonds. You can also use your Supplementary Retirement Scheme (SRS) account to purchase.

You can find out more information about the SSB here.

Note that every month, there will be a new issue you can subscribe to via ATM. The 1 to 10 year yield you will get will differ from this month’s ladder as shown above.

Last month’s bond yields 1.75%/yr for 10 years and 1.64%/yr for 1 year.

Here is the current historical SSB 10 Year Yield Curve with the 1 Year Yield Curve since Oct 2015 when SSB was started (Click on the chart, move over the line to see the actual yield for that month):

The Application and Redemption Schedule

You will apply for the bonds through the month. At the end of the month, you will know how much of the bond you applied was successful.

Here is the schedule for application and redemption if you wish to sell:

You have 02 to about 25th of the month (technically the 4th day from the last working day of the month) to apply or decide to redeem the SSB that you wish to redeem.

Your bond will be in your CDP on the 1st of the next month. You will see your cash in your bank account linked to your CDP account on the 1st of next month.

How does the Singapore Savings Bonds Compare versus SGS Bonds versus Singapore Treasury Bills?

Singapore savings bonds, is like a “unit trust” or a “fund” of SGS Bonds.

But what is the difference between you buying SGS Bonds and its sister the T-Bills directly?

Both the SGS Bonds and T-Bills are also issued by the Government and are AAA rated.

Here is an MAS detailed comparison of the three:

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

Past Issues of SSB and their Rates:

Do Like Me on Facebook. I share some tidbits that is not on the blog post there often. You can also choose to subscribe to my content via email below.

I break down my resources according to these topics:

Building Your Wealth Foundation – If you know and apply these simple financial concepts, your long term wealth should be pretty well managed. Find out what they are
Active Investing – For the active stock investors. My deeper thoughts from my stock investing experience
Learning about REITs – My Free “Course” on REIT Investing for Beginners and Seasoned Investors
Dividend Stock Tracker – Track all the common 4-10% yielding dividend stocks in SG
Free Stock Portfolio Tracking Google Sheets that many love
Retirement Planning, Financial Independence and Spending down money – My deep dive into how much you need to achieve these, and the different ways you can be financially free
Providend – Where I work doing research. Fee-Only Advisory. No Commissions. Financial Independence Advisers and Retirement Specialists. No charge for first meeting to understand how it works

Singapore Savings Bonds SSB October 2019 Issue Yields 1.75% for 10 Year and 1.64% for 1 Year

September 3, 2019 by Kyith Leave a Comment

Here is a higher yielding, safe way to save your money that you have no idea when you will need to use it, or your emergency fund.

The October 2019’s SSB bonds yield an interest rate of 1.75%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS)

However, if you only hold the SSB bonds for 1 year, with 2 semi-annual payments, your interest rate is 1.64%/yr.

$10,000 will grow to $11,758 in 10 years.

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

A single person can own not more than SG$200,000 worth of Singapore Savings Bonds. You can also use your Supplementary Retirement Scheme (SRS) account to purchase.

You can find out more information about the SSB here.

Note that every month, there will be a new issue you can subscribe to via ATM. The 1 to 10 year yield you will get will differ from this month’s ladder as shown above.

Last month’s bond yields 1.95%/yr for 10 years and 1.65%/yr for 1 year.

Here is the current historical SSB 10 Year Yield Curve with the 1 Year Yield Curve since Oct 2015 when SSB was started (Click on the chart, move over the line to see the actual yield for that month):

The Application and Redemption Schedule

You will apply for the bonds through the month. At the end of the month, you will know how much of the bond you applied was successful.

Here is the schedule for application and redemption if you wish to sell:

You have 02 to about 25th of the month (technically the 4th day from the last working day of the month) to apply or decide to redeem the SSB that you wish to redeem.

Your bond will be in your CDP on the 1st of the next month. You will see your cash in your bank account linked to your CDP account on the 1st of next month.

How does the Singapore Savings Bonds Compare versus SGS Bonds versus Singapore Treasury Bills?

Singapore savings bonds, is like a “unit trust” or a “fund” of SGS Bonds.

But what is the difference between you buying SGS Bonds and its sister the T-Bills directly?

Both the SGS Bonds and T-Bills are also issued by the Government and are AAA rated.

Here is an MAS detailed comparison of the three:

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

Past Issues of SSB and their Rates:

Do Like Me on Facebook. I share some tidbits that is not on the blog post there often. You can also choose to subscribe to my content via email below.

I break down my resources according to these topics:

Building Your Wealth Foundation – If you know and apply these simple financial concepts, your long term wealth should be pretty well managed. Find out what they are
Active Investing – For the active stock investors. My deeper thoughts from my stock investing experience
Learning about REITs – My Free “Course” on REIT Investing for Beginners and Seasoned Investors
Dividend Stock Tracker – Track all the common 4-10% yielding dividend stocks in SG
Free Stock Portfolio Tracking Google Sheets that many love
Retirement Planning, Financial Independence and Spending down money – My deep dive into how much you need to achieve these, and the different ways you can be financially free
Providend – Where I work doing research. Fee-Only Advisory. No Commissions. Financial Independence Advisers and Retirement Specialists. No charge for first meeting to understand how it works

NTUC Capital Plus (CSN2) 3 Year 2.3% Return Endowment Policy

August 28, 2019 by Kyith 1 Comment

This is a quick public service announcement.

NTUC are issuing another tranche of these very popular high return for short duration insurance savings plan.

Typically, from what I understand, these plans do not net the commission based advisers much commission. Usually, these are very attractive to those who are not easily swayed.

As they get you on this plan, they have your contact. The real selling happens after the end of the tenure of these insurance savings plans.

But if you are a very well inform and savvy reader of Investment Moats, this might be for you.

The Capital Plus (C2N2) Plan

This is a 3-year non-participating, single premium endowment policy that provides:

a guaranteed return of 2.30% p.a.
Up to 105% of death and TPD benefits (before age 70)
Minimum single premium: $20,000

This plan is suitable for those who wants:

Short term saving plan of 3 years
Guaranteed returns
Capital guaranteed upon maturity
Higher return than bank deposits and Singapore saving bonds (for 3 years)
Hassle-free application with no medical check-up required

They plan to sell these plan until it is fully subscribed. So I am not sure if I am too late in telling you this.

Where can you get this?

You can get them from MoneyOwl, which is a non-commission bionic financial advisory firm. They are probably the last folks that will proposition you the lousy things after this 3 year ends.

To buy this, contact them, tell them you want to buy the NTUC Capital Plus. Ask if it is still available.

Do Like Me on Facebook. I share some tidbits that is not on the blog post there often. You can also choose to subscribe to my content via email below.

I break down my resources according to these topics:

Building Your Wealth Foundation – If you know and apply these simple financial concepts, your long term wealth should be pretty well managed. Find out what they are
Active Investing – For the active stock investors. My deeper thoughts from my stock investing experience
Learning about REITs – My Free “Course” on REIT Investing for Beginners and Seasoned Investors
Dividend Stock Tracker – Track all the common 4-10% yielding dividend stocks in SG
Free Stock Portfolio Tracking Google Sheets that many love
Retirement Planning, Financial Independence and Spending down money – My deep dive into how much you need to achieve these, and the different ways you can be financially free
Providend – Where I work doing research. Fee-Only Advisory. No Commissions. Financial Independence Advisers and Retirement Specialists. No charge for first meeting to understand how it works

The Application and Redemption Schedule

How does the Singapore Savings Bonds Compare versus SGS Bonds versus Singapore Treasury Bills?

The Application and Redemption Schedule

How does the Singapore Savings Bonds Compare versus SGS Bonds versus Singapore Treasury Bills?

The Application and Redemption Schedule

How does the Singapore Savings Bonds Compare versus SGS Bonds versus Singapore Treasury Bills?

The Capital Plus (C2N2) Plan

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