Singapore Savings Bonds

[reddevil0728]

funny

got 10m extra application...
i tot the mas website very clear to tell u how much more u can apply
still got ppl who applied more than they are allowed?

cause there are ppl who bochup

log in to check very simple one lah
https://eservices.mas.gov.sg/ssb/

it's indeed very simple. but simple is one thing. bochup is another

 

[Intel888]

funny

got 10m extra application...
i tot the mas website very clear to tell u how much more u can apply
still got ppl who applied more than they are allowed?

Maybe they forgot they already hit max
/ Know that they hit max but forgot to redeem
/ Know that they hit max but still trying their luck

 

[hwckhs]

Final projection by https://www.ilovessb.com/projection/SBOCT23 , as of 31/8/2023:

SBOCT23

Year from issue date	1	2	3	4	5	6	7	8	9	10
Interest %	3.09	3.09	3.10	3.10	3.10	3.11	3.12	3.19	3.31	3.53
Average return per year %	3.09	3.09	3.09	3.09	3.10	3.10	3.10	3.11	3.13	3.16

Based on SGS benchmark yields (Aug 2023):
1 year: 3.68
2 year: 3.54
5 year: 3.09
10 year: 3.16

 

[ekardo]

refund is back on 1sep ?

 

[reddevil0728]

refund is back on 1sep ?

Polling Day on 1 September 2023 has been announced as a public holiday. As such, there will be changes to certain key dates for SSB that investors may wish to take note of:



Singapore Savings Bonds (SSB)

• As the opening period for applications is currently underway, the issue date for Singapore Savings Bonds SBSEP23 (GX23090F) and the redemption of SSBs in August remains unchanged, on 1 September 2023. However, as the issue and redemption date fall on a public holiday, where MAS' electronic payment system is not in operation, the transactions will be effected on the next business day on 4 September 2023.
• The announcement date for Singapore Savings Bonds SBOCT23 (GX23100T) and the opening date of the redemption of SSBs in September have been updated to 4 September 2023.
• For SSBs which have a coupon payment date on 1 September 2023, please note that as the date falls on a public holiday, where MAS' electronic payment system is not in operation, the coupon payments will be effected on the next business day on 4 September 2023.

https://www.mas.gov.sg/bonds-and-bills/singapore-savings-bonds

 

[ekardo]

oh no...forgotten about this..but crap..system also got holiday..

 

[reddevil0728]

oh no...forgotten about this..but crap..system also got holiday..

what you trying to do?

 

[highsulphur]

I have hit the max 200k limit. If I redeem say 50k of a previous issue today (to be credited next month in Oct), I can still buy 50k of Oct SSB right?

 

[Froggyman]

I have hit the max 200k limit. If I redeem say 50k of a previous issue today (to be credited next month in Oct), I can still buy 50k of Oct SSB right?

Yes.. can.

 

[fr33d0m]

I have hit the max 200k limit. If I redeem say 50k of a previous issue today (to be credited next month in Oct), I can still buy 50k of Oct SSB right?

or you can redeem and subscribe new the same amount at the same time, e.g. September

 

[artemov]

I have hit the max 200k limit. If I redeem say 50k of a previous issue today (to be credited next month in Oct), I can still buy 50k of Oct SSB right?

You might not get 50k though.

 

[AndroidComa]

You might not get 50k though.

can la I redeem 60 reapply 50 get all 50

 

[item2sell]

can la I redeem 60 reapply 50 get all 50

If oversubscribed. You may get 8.5k only

 

[Nofear40]

If oversubscribed. You may get 8.5k only

Why 8.5

 

[item2sell]

Why 8.5

Lowest allocation in last year 2022

 

[FlyGuardX]

I skip this month and waiting for next month... rates looking good (3.07% - 3.56%) with 3 working days left.

if everyone does the same, then it will be oversubscribe

 

[maumu]

if everyone does the same, then it will be oversubscribe

been there... done that.

there's always next month.. and next.. or other opportunities. dun need to pump full tank all into ssb.

 

[reddevil0728]

been there... done that.

there's always next month.. and next.. or other opportunities. dun need to pump full tank all into ssb.

Not wrong.

But there’s opportunity cost of making a bet

 

[DelinquentXX]

Wonder when can get back the redeemed ssb... ^^ till 750am still nothing. Lol

 

[reddevil0728]

Wonder when can get back the redeemed ssb... ^^ till 750am still nothing. Lol

You first time redeem? Never so early.
After 5pm