The effective interest rate for February 2023 Singapore Savings Bonds (SBFEB23 GX23020X) is 2.97% if you held it for 10 years. This is a decline of 0.29% as compared to SBJAN23. If you want to know …
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Growing Wealth for a Sweet Retirement.
Singapore Savings Bonds are fully backed by the Singapore Government. You can always get your investment amount back in full with no capital loss. The bonds are held for 10 years. Interest rate increases over time, and you can exit your investment by redeeming the bonds in any given month. There are no penalties (except for the S$2 transaction fee).
The effective interest rate for February 2023 Singapore Savings Bonds (SBFEB23 GX23020X) is 2.97% if you held it for 10 years. This is a decline of 0.29% as compared to SBJAN23. If you want to know …
Continue readingSBJAN23 GX23010Z results were announced today. The results came in a bit unexpected. I was allotted the full amount that I applied for. This month’s issue is so much different as compared to SBAUG22 whereby …
Continue readingThe effective interest rate for January 2023 Singapore Savings Bonds (SBJAN23 GX23010Z) is 3.26% if you held it for 10 years. The Fed has announced that they will be slowing the increase of interest rate. Thus, …
Continue readingHow do you predict Singapore Savings Bonds interest rate? In my previous post, I have shared with you how to compare the interest rate between Singapore Savings Bonds. In this post, I shall show you …
Continue readingHow do you compare Singapore Savings Bonds interest rates? One of the benefits of Singapore Savings Bonds is that you can redeem past Singapore Savings Bonds that you have bought anytime without having to wait …
Continue readingThe effective interest rate for December 2022 Singapore Savings Bonds (SBDEC22 GX22120S) is 3.47% if you held it for 10 years. Again, the interest rate reaches a new record high! The minimum amount which you can …
Continue readingThe effective interest rate for November 2022 Singapore Savings Bonds (SBNOV22 GX22110A) is 3.21% if you held it for 10 years. The interest rate is at record high level! The minimum amount which you can purchase …
Continue readingThe effective interest rate for October 2022 Singapore Savings Bonds (SBOCT22 GX22100X) is 2.75% if you held it for 10 years. The effective interest rate dipped by 0.05% as compared to the previous month. Nevertheless, I …
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