SSB 10-year return jumps to 3.33%. Better than fixed deposits?

What happened?

It seems like investors are taking a look at the Singapore Savings Bonds (SSBs) once again. I believe this could be because the latest SSB (SBJUN24 GX24060A) offers a 1-year interest rate of 3.26%, and 10-year average interest rate of 3.33%. The 10-year average return would be quite close to our projection shared earlier. This led to some excitement in the Beansprout community, as well as questions about whether the SSB will be oversubscribed. Indeed, as one member summed it up – “The key question is how much SSBs we will be able to get.” Let us find out if the latest SSB is better than T-bill and fixed deposits, and how realistic it will be to get full allocation of the SSB. Source: MAS

Don’t miss out on the SSB

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