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)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
SBOCT15 GX15100F Yes Yes
SBSEP17 GX17090X Yes Yes
SBMAY18 GX18050E Yes Yes
SBJUN18 GX18060H Yes Yes
SBJUL18 GX18070N Yes Yes

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. (Read more: Singapore Savings Bond versus Savings Account versus Fixed Deposits)

One thought to “July 2018 Singapore Savings Bonds is 2.63%”

  1. Hi

    If I were to purchase the July 2018 SSB and sell in August 2018, will I be entitled to the interest? Or do you have an article that I can read on how this work?

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