Singapore Savings Bonds

[lzydata]

Offer amount is still $900m

 

[item2sell]

Seems like FD is catching up SSB...makes SSB less attractive now...

if FD rates are the same as SSB, I will choose SSB

 

[AlvinDj]

NOV22 is out...

Let's see how heavily oversubscribed this is going to be..

 

[item2sell]

NOV22 is out...

Let's see how heavily oversubscribed this is going to be..

9K

 

[AlvinDj]

9K

If it's blasted all over the news and social media.. I don't feel it's going to be 9k lol..

 

[yobyella]

Interest better than last mth issuance.

 

[lasnoblur]

3.21% effective rate for 10 years. good to place extra cash in.
last month only 2.75%.

 

[dude123]

Dunno wan to redeem Aug22 SSB anot n put this one..3% vs 3.21%..

 

[hyperfuse]

Dunno wan to redeem Aug22 SSB anot n put this one..3% vs 3.21%..

U can't even do that. U do know if u wanna redeem now, u can only apply for Dec ssb because monies will be return in Nov. Don't tell me u didn't read the website.

 

[therat]

The news come out in Zaobao

 

[WHLN17]

Don’t say 9k allotment hor, later someone will say cannot look at isolation. Maybe allotment will be well above 9k if we don’t look at historical performance, err, I meant if we don’t look at past isolation issue.

 

[vsvs24]

My redeemed ssb is in liao, under ocbc.

DBS not in yet ...

 

[dude123]

U can't even do that. U do know if u wanna redeem now, u can only apply for Dec ssb because monies will be return in Nov. Don't tell me u didn't read the website.

I still got spare cash..just wondering if i should redeem aug ssb since only 3% and the rates are climbing everywhere..

 

[SnorlaxGorGor]

the new interest rate for Nov SSB is interesting

 

[dork32]

DBS not in yet ...

dbs cash not in
dbs srs is in.

i sold all my ssb last round

 

[SnorlaxGorGor]

I still got spare cash..just wondering if i should redeem aug ssb since only 3% and the rates are climbing everywhere..

use the spare cash to put on Nov SSB 1st. then redeem it later if you got the allotment.

 

[dork32]

dbs cash not in
dbs srs is in.

i sold all my ssb last round

dbs cash just in

 

[TehSi99]

I still got spare cash..just wondering if i should redeem aug ssb since only 3% and the rates are climbing everywhere..

I suggest you continue till you exhausted your spare cash (those that you already intended for SSB). Then redeem the earlier ones. Otherwise, the spare cash continue to idle while you redeem the earlier SSB and roll into the coming SSB.

 

[TehSi99]

the new interest rate for Nov SSB is interesting

The allocation would also be interesting.

 

[dork32]

I suggest you continue till you exhausted your spare cash (those that you already intended for SSB). Then redeem the earlier ones. Otherwise, the spare cash continue to idle while you redeem the earlier SSB and roll into the coming SSB.

if ssb is the only tool that you have, this is a good choice.

But if there are other instruments for your spare cash, you may want to use it. other instruments = rhb, tbills....