Singapore Savings Bonds

[hwckhs]

Reminder: There's no Singapore Savings Bond issued in January, 2023 (to buy in late December, 2022). The next SSB (to buy in late November, issued December 1) is the last one until you can buy the next one in late January (issued on or about February 1, 2023).

(Genuine question) May I know where did you get that information?

Based on this page, it says:

Frequency of issuance	A new bond is issued every month.

 

[hyperfuse]

Reminder: There's no Singapore Savings Bond issued in January, 2023 (to buy in late December, 2022). The next SSB (to buy in late November, issued December 1) is the last one until you can buy the next one in late January (issued on or about February 1, 2023).

Christmas is also a vacation for SSBs, basically. Merry Christmas?

This is new to me as well. So there is no January SSB to buy in Dec 2022?

 

[monoblue]

(Genuine question) May I know where did you get that information?

Based on this page, it says:

Frequency of issuance	A new bond is issued every month.

I think MAS need time to update the Calendar:

• The 2023 Savings Bonds Issuance Calendar will be released in October/November 2022.

 

[DenOOO]

Allotted $10,000.

No luck to be among the 29.15% for $500 more

 

[aaron6685]

I apply for 30k using DBS, but I have not received the refund of 20k to my bank account. Does anyone knows when will they refund?

 

[BBCWatcher]

Oh this is new to me. Do you have the link to the source for this info? Thanks!

Correction! The MAS just hasn't posted the 2023 Singapore Savings Bond issuance details yet, and the SSB you purchase in late December is actually considered next calendar year's bond since it's issued on or about January 1 (January 3, 2023, I think). Sorry about that! Ignore what I wrote.

This year (2022) the "regular" SGS bonds are taking a long end of year pause: no auctions in October, November, or December. But the SSBs chug along monthly, and the 6 month T-bill auctions are even more often.

 

[tomicaguy]

Funny when last month's allotment was 42K, I thought people's interest in SSB would have waned somewhat.

 

[luvpraline]

After all the recent spikes in FDs and tbills, the allocation is still so low.. total more than $2b in application.. there are alot of rich people in sg?

 

[CyberTan]

Allotted $10,000.

No luck to be among the 29.15% for $500 more

I put 11k leh what’s the allocations?

 

[V_for_Vanilla]

I apply for 30k using DBS, but I have not received the refund of 20k to my bank account. Does anyone knows when will they refund?

DBS is the slowest of the three banks in my experience.

 

[Carnesir]

After all the recent spikes in FDs and tbills, the allocation is still so low.. total more than $2b in application.. there are alot of rich people in sg?

i take home ard 10k monthly. i can average in as long as i want. i used to buy equities/stocks with the cash i have but sadly its a sea of red. buy in and lost money for a few months already.

the only guaranteed money now is ssb. max out my 200k first then see other options.

 

[vsvs24]

https://www.mas.gov.sg/bonds-and-bi...ond?issue_code=GX22110A&issue_date=2022-11-01
This Savings Bond was allotted using the Quantity Ceiling format. Applicants who applied for S$10,000 or lower were fully allotted, subject to the individual allotment limits.
Applicants who applied for S$10,500 or higher were allotted either S$10,000 or S$10,500.
Approximately 29.15% of these applicants were selected at random and allotted the additional S$500.

Received your email at 3pm.
Thank You.

 

[DenOOO]

I put 11k leh what’s the allocations?

https://eservices.mas.gov.sg/ssb/
Can login here to check, or simply check your refunded amount.

 

[CyberTan]

https://eservices.mas.gov.sg/ssb/
Can login here to check, or simply check your refunded amount.

I checked Liao! Damn they refunded me 1K!

 

[hwckhs]

https://eservices.mas.gov.sg/ssb/
Can login here to check, or simply check your refunded amount.

This website has been showing this to me the last 1 hour:

We are sorry, the page you requested cannot be found.​

You guys are able to login?

 

[CyberTan]

This website has been showing this to me the last 1 hour:

We are sorry, the page you requested cannot be found.​

You guys are able to login?

I logged in but it was base of my refund of the money I put in SSB previous.

normal for you to see this message

 

[rachdanon]

Funny when last month's allotment was 42K, I thought people's interest in SSB would have waned somewhat.

yeah, but I think its case by case each month. High rates would spread like wild fire in today's social media society.

 

[BBCWatcher]

i take home ard 10k monthly. i can average in as long as i want. i used to buy equities/stocks with the cash i have but sadly its a sea of red. buy in and lost money for a few months already.

the only guaranteed money now is ssb. max out my 200k first then see other options.

What you're describing is that stock (index fund?) prices are currently lower than they were in the recent past. Lower prices are GOOD when you're a buyer. If you stop buying then you're not getting those lower prices. If you resume buying only when stock prices rise then you'd be buying at higher prices. This is the opposite of a wise long-term investment strategy.

 

[lzjlee]

I login mas website. Saw allocated $10,500. But money not yet refunded. Applied using DBS.

 

[Squaredot]

I also recd SMS & email notification my ssb application partially successful I applied a small sum nia...
Just checked my bank account, refunded 5k