January 2019 Singapore Savings Bonds is 2.45%

January 2019 Singapore Savings Bonds is 2.45%

The effective interest rate for January 2019 Singapore Savings Bonds (GX19010T) is 2.45% if you held it for 10 years. As usual, I shall be allocating a portion of my monthly salary into safe haven. Singapore Savings Bonds acts as a form of emergency fund when the need arises.

If you didn’t know, Singapore Savings Bonds pays out interest every 6 months. Thus, if you have subscribed for January 2019 Singapore Savings Bonds, the next payout will be July 2019 and January 2020 respectively. If you own a DBS Multiplier Account, you can also apply the hack to earn a higher monthly interest from your DBS Multiplier Account. I have completed my matrix below and thus I am expecting to earn a higher interest rate from DBS Multiplier Account every month in the year 2020!

Read my previous post here on how to earn higher interest with your DBS Multiplier Account.

Earn More Interest With DBS Multiplier Account + Singapore Savings Bonds

Earn More Interest With DBS Multiplier Account + Singapore Savings Bonds

Receiving Interest From Singapore Savings Bonds Every Month!

JanFebMarAprMayJunJulAugSepOctNovDec
SBOCT15 GX15100FYesYes
SBSEP17 GX17090XYesYes
SBMAY18 GX18050EYesYes
SBJUN18 GX18060HYesYes
SBJUL18 GX18070NYesYes
SBAUG18 GX18080FYesYes
SBSEP18 GX18090TYesYes
SBOCT18 GX18100VYesYes
SBNOV18 GX18110ZYesYes
SBDEC18 GX18120XYesYes
SBJAN19 GX19010TYesYes

 

Singapore Savings BondsEffective Interest Rate
SBOCT15 GX15100F2.63%
SBSEP17 GX17090X2.12%
SBMAY18 GX18050E2.39%
SBJUN18 GX18060H2.43%
SBJUL18 GX18070N2.63%
SBAUG18 GX18080F2.57%
SBSEP18 GX18090T2.44%
SBOCT18 GX18100V2.42%
SBNOV18 GX18110Z2.48%
SBDEC18 GX18120X2.57%
SBJAN19 GX19010T2.45%

Singapore Savings Bond versus Savings Account versus Fixed Deposits

If you are wondering how traditional savings account or fixed deposits match against the Singapore Savings Bonds, you can also read about my previous post on the comparison.

Singapore Savings Bond versus Savings Account versus Fixed Deposits

Tracking Singapore Savings Bonds Using StocksCafe

Last month, my favorite website, StocksCafe has introduced a new feature to allow adding of Singapore Savings Bonds into your portfolio. If you didn’t know, I signed up as a Friend of StocksCafe as my most favorite feature of StocksCafe is the automated tracking of dividends payout.

January 2019 Singapore Savings Bonds is 2.45%

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