August 2018 Singapore Savings Bonds is 2.57%

The effective interest rate for August 2018 Singapore Savings Bonds if you held it for 10 years is 2.57%. I have thought the effective interest rate will trend higher but it didn’t. This month’s interest rate was slightly lower than the previous month.

As usual, I will be applying for August 2018 Singapore Savings Bonds (GX18080F). If you didn’t know, Singapore Savings Bonds pays out interest every 6 months. If you subscribe for August 2018 Singapore Savings Bonds, the next payout will be February 2019 and August 2019 respectively. By subscribing to August 2018 Singapore Savings Bonds, I completed my hack of having interest payout every month of the year which will also means I get a stepped up interest for my DBS Multiplier Account every month. If you do not know what I am talking about, read my previous post here on how to earn higher interest with your DBS Multiplier Account. (Read more: Earn More Interest With DBS Multiplier Account + Singapore Savings Bonds) Read More

Sixty Five Percent Invested, Thirty Five Percent Cash

As the old saying goes, “Cash is King”. My cash on hand got a boost this month as I receive my company’s performance bonus. In the same month, I have received the payout from the sale of AusNetServices due to the sale of my share via the share sale facility. Today, I have received the notification letter from SGX with regards to the sale of my shares. My AusNetServices shares were sold at S$1.58 and I am pretty happy as the price sold was better than expected. Total gains together with dividends collected as over a hundred percent. Read More

July 2018 Singapore Savings Bonds is 2.63%

The effective interest rate for July 2018 Singapore Savings Bonds if you held it for 10 years is 2.63%. This is the highest interest rate for the past 12 months of Singapore Savings Bonds. In fact, the interest rate is the same as initial issuance of Singapore Savings Bonds in October 2015.

As usual, I will be applying for July 2018 Singapore Savings Bonds (GX18070N). If you didn’t know, Singapore Savings Bonds pays out interest every 6 months. If you subscribe for July 2018 Singapore Savings Bonds, the next payout will be January 2019 and July 2019 respectively. I only need to subscribe for August 2018 Singapore Savings Bonds to complete having interest payout every month of the year which will also means I get a stepped up interest for my DBS Multiplier Account every month. If you do not know what I am talking about, read my previous post here on how to earn higher interest with your DBS Multiplier Account. (Read more: Earn More Interest With DBS Multiplier Account + Singapore Savings Bonds) Read More