Singapore Savings Bonds

F1ngolf2012

Senior Member
Joined
Aug 11, 2012
Messages
1,862
Reaction score
674
I wonder how much would this Nov SSB@3.21% impact upcoming T-bill yield? Would investor now re-think and allocate more of their fund to SSB than T-bill? :unsure:
 

reddevil0728

Great Supremacy Member
Joined
Dec 16, 2005
Messages
65,109
Reaction score
5,474

sgbird

Senior Member
Joined
Nov 2, 2009
Messages
735
Reaction score
143
Expect many ppl will redeem Jun July Aug SSB and re-apply Nov SSB.

Just an update for people may interest: I submitted my SSB redeemption request in end Sep and got my SSB refund + daily interest yesterday 03 Oct. Quite fast and hassle free.
 

reddevil0728

Great Supremacy Member
Joined
Dec 16, 2005
Messages
65,109
Reaction score
5,474
Expect many ppl will redeem Jun July Aug SSB and re-apply Nov SSB.

Just an update for people may interest: I submitted my SSB redeemption request in end Sep and got my SSB refund + daily interest yesterday 03 Oct. Quite fast and hassle free.
ya. doesn't matter when you submit during the application window, the redemption date is the same.

so if u submit on the 1st day, it will still not be very fast. 1m wait.
 

hyperfuse

Master Member
Joined
Sep 23, 2019
Messages
4,342
Reaction score
1,822
ya. doesn't matter when you submit during the application window, the redemption date is the same.

so if u submit on the 1st day, it will still not be very fast. 1m wait.
yea. so best practise, submit nearing to the end so it gives u leeway in the month to decide whether to retain the ssb tranche or wait out for a better product or to put into the following month SSB.

like for now, i will be putting for Nov ssb, and also monitor Dec SSB by checking the daily october sgs yield. might have possibility dec ssb might go even higher at 3.4++ . For those who have limited monies, no harm waiting for Dec SSB as well. But for me, i still have ammo to use, so definitely applying for Nov + Dec SSB tranches.
 

Ahboy069

Senior Member
Joined
Mar 22, 2018
Messages
1,720
Reaction score
333
Expect many ppl will redeem Jun July Aug SSB and re-apply Nov SSB.

Just an update for people may interest: I submitted my SSB redeemption request in end Sep and got my SSB refund + daily interest yesterday 03 Oct. Quite fast and hassle free.
Why need t redeem! Unless alreddy hor 200k?
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top