Singapore Savings Bonds

[CCPie]

thanks.


shucks means i missed december's one.

December's ssb seems better than January's ssb in terms of long term.

January's ssb avg only win December's ssb avg for first 2 years. Or maybe i should just pump more money in and one year later redeem. Is this a sound decision?

Can someone explain this? The ssb not the same each month is it?

 

[Buzy_bee]

Can someone explain this? The ssb not the same each month is it?

Every month there's new ssb issuance.

For past issues, you can refer to this link

https://secure.sgs.gov.sg/fdanet/StepupInterest.aspx

 

[compro_1975]

seems like monthly there is an increase in the interest given? where can i find he historical chart ar?

 

[havetheveryfun]

seems like monthly there is an increase in the interest given? where can i find he historical chart ar?

it may increase or decrease, it fluctuates quite a bit

chart would be if someone is free enough to plot, probably some bloggers out there might be doing so

but you can track back and check all the past month's interest rates on the SSB website, under "Announcements", as every issue comes with a press release

 

[AvatarViper]

let's say i have $50k to put into SSB. Is it 100% guaranteed that the full amount is going to be allocated to me?

 

[limster]

let's say i have $50k to put into SSB. Is it 100% guaranteed that the full amount is going to be allocated to me?

all this is stated clearly on the SSB website.

 

[jt6118]

Where to apply with the cheapest cost?

 

[P R N D]

let's say i have $50k to put into SSB. Is it 100% guaranteed that the full amount is going to be allocated to me?

No as per replied earlier.

Sent from Mercedes-Benz E250 using GAGT

 

[P R N D]

Where to apply with the cheapest cost?

ATM for S$2

Sent from Mercedes-Benz E250 using GAGT

 

[banyan8]

How long does it take to top up SRS?

Got to top up by end of the year. But don't want the fund sitting idle there since SSB is only available in a couple of month. Which is the last date to top up?

 

[BBCWatcher]

Which is the last date to top up?

It should be possible to top up your Supplementary Retirement Scheme (SRS) account as late as December 31 at some hour, but I wouldn’t cut it that close if you can avoid it. If the plan is to put the funds into a Singapore Savings Bond — not my first choice suggestion unless you’re late career — then those funds will be idle a couple months since the first SRS compatible won’t be issued until March 1, as I understand it. A couple more days of idleness won’t significantly matter.

 

[Globe]

if i buy say $20000 worth of ssb , is the deduction immediate .... i can't remember.

or they only deduct when i get the allocation the following month ?

eg , i got $15000 in the bank but want to buy $20000

 

[limster]

if i buy say $20000 worth of ssb , is the deduction immediate .... i can't remember.

or they only deduct when i get the allocation the following month ?

eg , i got $15000 in the bank but want to buy $20000

answer is clearly stated on the SSB website. apart from regular cash, they even put up the answer for SRS funds as well.

 

[kennethtbh]

if i buy say $20000 worth of ssb , is the deduction immediate .... i can't remember.

or they only deduct when i get the allocation the following month ?

eg , i got $15000 in the bank but want to buy $20000

Deducted from the bank acct immediately.

 

[McFadden]

ATM for S$2

Sent from Mercedes-Benz E250 using GAGT

what about internet banking?
and to open the the cdp account,got any extra charges?

 

[coey]

what about internet banking?
and to open the the cdp account,got any extra charges?

IB also the same. CDP account opening is free

 

[banyan8]

It should be possible to top up your Supplementary Retirement Scheme (SRS) account as late as December 31 at some hour, but I wouldn’t cut it that close if you can avoid it. If the plan is to put the funds into a Singapore Savings Bond — not my first choice suggestion unless you’re late career — then those funds will be idle a couple months since the first SRS compatible won’t be issued until March 1, as I understand it. A couple more days of idleness won’t significantly matter.

Thanks for the info. May I know what your first choice to utilize SRS fund? I am also thinking of buying some ETF when the market crashes next year. How can I park my SRS fund before the SSB becomes available?

 

[cal3135]

SSB application n redeem fee is at $2 per transactions.
I find This acceptable; I am able to process all transaction online.
This save on transport$ n time

 

[finale1]

Short Term Interest Rate inversion

Above Eurodollar Yields.
Nearby yields all inverted.

Will we see SSB offering inverted yields as well?

 

[havetheveryfun]

Above Eurodollar Yields.
Nearby yields all inverted.

Will we see SSB offering inverted yields as well?

next months already can see the inversion

http://isimplicity.tk/ssb