Singapore Savings Bonds

[cal3135]

Received ☕️

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[lzydata]

SBMAR20 GX20030Z Bond Details

Year from issue date 1 2 3 4 5 6 7 8 9 10
Interest % 1.43 1.43 1.43 1.58 1.69 1.72 1.83 1.94 2.04 2.12
Average return per year %* 1.43 1.43 1.43 1.47 1.51 1.54 1.58 1.62 1.67 1.71

https://www.mas.gov.sg/bonds-and-bi...ond?issue_code=GX20030Z&issue_date=2020-03-02

 

[Cryophoenix]

SBMAR20 GX20030Z Bond Details

Year from issue date 1 2 3 4 5 6 7 8 9 10
Interest % 1.43 1.43 1.43 1.58 1.69 1.72 1.83 1.94 2.04 2.12
Average return per year %* 1.43 1.43 1.43 1.47 1.51 1.54 1.58 1.62 1.67 1.71

https://www.mas.gov.sg/bonds-and-bi...ond?issue_code=GX20030Z&issue_date=2020-03-02

Put in DBS multiplier for now. Wait till the rates improve.

 

[new_bie]

Received ☕️

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Coding POSB use is what arh?

 

[foxer77]

rate are getting lower & lower in SSB . Bank FD are better....

 

[Cryophoenix]

SSB interest coming soon.

 

[Shion]

SBAPR20 GX20040X Bond

https://www.mas.gov.sg/bonds-and-bi...ond?issue_code=GX20040X&issue_date=2020-04-01

 

[BBCWatcher]

SBAPR20 GX20040X Bond
https://www.mas.gov.sg/bonds-and-bi...ond?issue_code=GX20040X&issue_date=2020-04-01

GX20040X is looking like a very good Singapore Savings Bond. Given the current market conditions we could see a 30 or even 40 basis point drop in the 10 year SSB yield next month.

If you'd like to lock in a now very reasonable interest rate schedule for the next 10 years, this SSB is the one to buy. "Last call," basically, probably for a while. Then, if interest rates increase in the future, you should be able to redeem and recycle your dollars fairly quickly into something else, such as a new SSB.

Singapore Savings Bonds are among the safest available places to park Singapore dollars, backed by the full faith and credit of the Government of Singapore. They are very conservative instruments, a good choice for emergency reserve funds and for saving for specific planned spending in Singapore, such as a tuition bill expected in the next couple years.

We should take note that stock prices are broadly lower than they were a month ago, and buyers (i.e. savers and wealth accumulators) should find lower prices attractive. If apples are on sale at the supermarket, and if you're a regular consumer of apples (or at least of fruit), do you get upset and walk away from the lower priced apples? No, you buy some, maybe a few more. I certainly don't recommend you stop or reduce your regular monthly, low cost, well diversified stock investing to buy this SSB.

 

[lzydata]

SBAPR20 GX20040X Bond

https://www.mas.gov.sg/bonds-and-bi...ond?issue_code=GX20040X&issue_date=2020-04-01

For year 4 all the way to year 10, record lows for SSB - 1.51% pa to 1.91% pa.

For years 1 to 3 at 1.46% pa, just 2 weeks after announcement, they suddenly look... great

 

[revhappy]

GX20040X is looking like a very good Singapore Savings Bond. Given the current market conditions we could see a 30 or even 40 basis point drop in the 10 year SSB yield next month.

If you'd like to lock in a now very reasonable interest rate schedule for the next 10 years, this SSB is the one to buy. "Last call," basically, probably for a while. Then, if interest rates increase in the future, you should be able to redeem and recycle your dollars fairly quickly into something else, such as a new SSB.

Singapore Savings Bonds are among the safest available places to park Singapore dollars, backed by the full faith and credit of the Government of Singapore. They are very conservative instruments, a good choice for emergency reserve funds and for saving for specific planned spending in Singapore, such as a tuition bill expected in the next couple years.

We should take note that stock prices are broadly lower than they were a month ago, and buyers (i.e. savers and wealth accumulators) should find lower prices attractive. If apples are on sale at the supermarket, and if you're a regular consumer of apples (or at least of fruit), do you get upset and walk away from the lower priced apples? No, you buy some, maybe a few more. I certainly don't recommend you stop or reduce your regular monthly, low cost, well diversified stock investing to buy this SSB.

It is better to buy A35 right now. It is available at 2% YTM mainly because of the sudden demand for cash, people are liquidating this ETF at 4% discount.

If you guys have a brokerage account, buy A35 guys.

 

[BBCWatcher]

It is better to buy A35 right now.

That's a very different instrument than SSBs.

 

[Cryophoenix]

Bond yields getting from bad to worse.

 

[wutawa]

Early this mth, i was considering whether to redeem my ssb to buy stocks since the prices drop so much then. Now that it is approaching to the last day of redemption, i am having 2nd thought due to the current covid19 situation. Maybe i will regret missing the boat but good luck to those brave 1s.

 

[BBCWatcher]

If your normal portfolio rebalancing is scheduled for this month, then go right ahead and proceed as long as your long-term outlook is substantially the same and as long as you maintain adequate emergency reserve.

 

[Ole Gunner]

Early this mth, i was considering whether to redeem my ssb to buy stocks since the prices drop so much then. Now that it is approaching to the last day of redemption, i am having 2nd thought due to the current covid19 situation. Maybe i will regret missing the boat but good luck to those brave 1s.

i am redeeming the SSBs i have in my SRS to fund stock purchases in April.

the rest of my SSBs i treat as my emergency fund so will not touch.

 

[wutawa]

i am redeeming the SSBs i have in my SRS to fund stock purchases in April.

the rest of my SSBs i treat as my emergency fund so will not touch.

Oh yes, srs ssb to stocks. Good move!

I shall endure holding on to my cash ssb until 2nd half of the year no matter how sti moves.

 

[touchring1]

Early this mth, i was considering whether to redeem my ssb to buy stocks since the prices drop so much then. Now that it is approaching to the last day of redemption, i am having 2nd thought due to the current covid19 situation. Maybe i will regret missing the boat but good luck to those brave 1s.

When is the last day of redemption?

 

[wutawa]

When is the last day of redemption?

26 mar 9pm

 

[touchring1]

26 mar 9pm

Thanks!

 

[ocs_woodlands]

i am redeeming the SSBs i have in my SRS to fund stock purchases in April.

the rest of my SSBs i treat as my emergency fund so will not touch.

I redeemed all of my ssb, cash and srs a few days ago. collecting all the ammo for the correct time to go long...