Singapore Savings Bonds

[BBCWatcher]

Hello, for SSB purchased in May 2019, has the payout been credited today or tomorrow?

A SSB purchased in May, 2019, would have a June 3 issue date (issue code GX19060S), and its first coupon would be paid 6 months later on approximately December 1. Or do you have a SSB purchased in April (May 2 issue, issue code GX19050A)?

Either way, as long as your CDP bank deposit instructions are correct, your coupon will pop up in your bank account within a business day or two of the coupon date. Don't worry.

 

[Seedbox]

A SSB purchased in May, 2019, would have a June 3 issue date (issue code GX19060S), and its first coupon would be paid 6 months later on approximately December 1. Or do you have a SSB purchased in April (May 2 issue, issue code GX19050A)?

Either way, as long as your CDP bank deposit instructions are correct, your coupon will pop up in your bank account within a business day or two of the coupon date. Don't worry.

Purchased in April, issued in May. . Thanks for the explanation.

 

[peacefulday]

SSB Nov15, interest bonus yield at 3.1%. Just received

 

[KeytoFreedom]

SSB Nov15, interest bonus yield at 3.1%. Just received

What is bonus yield? Is extra interest?

Sent from OnePlus ONEPLUS A5010 using GAGT

 

[peacefulday]

Just an ordinary step up interest calcuated along years of holding. SSB Nov15 is like a bonus slot. Coming interest rates will be 3.4, ...3.44, 3.83 annually or on average 2.78%, 10years.

What is bonus yield? Is extra interest?

Sent from OnePlus ONEPLUS A5010 using GAGT

 

[Meemoosaa]

Just an ordinary step up interest calcuated along years of holding. SSB Nov15 is like a bonus slot. Coming interest rates will be 3.4, ...3.44, 3.83 annually or on average 2.78%, 10years.

Nice one ! Wow ! You managed to nabbed some at it's peak !!! Was this sometime last year ?

 

[peacefulday]

SSB Nov 2015, under subscribe and can easily get full sum allocated.

Nice one ! Wow ! You managed to nabbed some at it's peak !!! Was this sometime last year ?

 

[mojipei]

Any one can tell me how the interest was calculated in the picture below:

Better still, is there an online calculator that can be used.

Thank you.

 

[havetheveryfun]

Any one can tell me how the interest was calculated in the picture below:

Better still, is there an online calculator that can be used.

Thank you.

https://eservices.mas.gov.sg/ssb/calculator

 

[wutawa]

Just an ordinary step up interest calcuated along years of holding. SSB Nov15 is like a bonus slot. Coming interest rates will be 3.4, ...3.44, 3.83 annually or on average 2.78%, 10years.

Wow, really good as compared to the shitty int now.

 

[marxace]

how come my dividends for May 19 did not tally?
Interest was supposed to be 1.95%.
My sum was $76000 but i got $736.97

 

[French Toast]

how come my dividends for May 19 did not tally?
Interest was supposed to be 1.95%.
My sum was $76000 but i got $736.97

If I'm not mistaken, it is handed out 2 times in a year, so you should be getting 1.95%/2 = 0.975%, yeah?

Sent from Samsung SM-N960F using GAGT

 

[marxace]

If I'm not mistaken, it is handed out 2 times in a year, so you should be getting 1.95%/2 = 0.975%, yeah?

Sent from Samsung SM-N960F using GAGT

yes i know its distributed twice yearly. Just that i cant tally the figures. (diff of a few dollars) previous month Apr issue was correct though.

 

[o2atom]

how come my dividends for May 19 did not tally?
Interest was supposed to be 1.95%.
My sum was $76000 but i got $736.97

May19 SSB was issued on 02 May, so the formula will be:
$76,000 * (1.95/2)% * (183/184) days = $736.97

 

[hwckhs]

May19 SSB was issued on 02 May, so the formula will be:
$76,000 * (1.95/2)% * (183/184) days = $736.97

Good catch.

You can also use the SSB calculator - https://eservices.mas.gov.sg/ssb/calculator?bondName=SBMay19 GX19050A .

 

[marxace]

May19 SSB was issued on 02 May, so the formula will be:
$76,000 * (1.95/2)% * (183/184) days = $736.97

Good catch.

You can also use the SSB calculator - https://eservices.mas.gov.sg/ssb/calculator?bondName=SBMay19 GX19050A .

Thanks to both for your assistance

Sent from OPPO CPH1919 using GAGT

 

[commie_rick]

how do i find out the original face value of bond ?

lets say company ABC issued ABC3.08%210220
3.08% -> Coupon rate is 3.08%
210220 -> Maturity Date is 20/02/2021

how do i find out the original face value and the date it was first issued ?

 

[ChinoGirl]

Hi all,

Wish to confirm that I have completed building my SSb ladder for the purpose of hitting the investment category in DBS MULTIPLIER account.

SSb bought in the months of August 2019, Sep 2029, Oct 2019, Nov 2019, Dec 2029 and Jan 2020(pending transaction to go through).

Will the first interest will be credited in my DBS Multiplier account in Feb 2020? Or will it be in March?

Knowing the above will help me decide when to stop my RSP via POSB IS, as I intend to switch over to another platform for purchase of the SGX ETFs.

Thank you!

 

[Sausage]

Now the rates seem to be going downhill
Those who bought in 2018 got the best deal?

Sent from Xiaomi REDMI 7 using GAGT

 

[kram62]

Now the rates seem to be going downhill
Those who bought in 2018 got the best deal?

Sent from Xiaomi REDMI 7 using GAGT

Yeah I feel very lucky to have heard of the ssb ladder in sept 2018 and bought from October 2018 on.
My wife hasn't built hers yet and now the rates so low.
Planning to use the joint account trick to help her with multiplier bonus.