Singapore Savings Bonds

[hwckhs]

Projection by https://www.ilovessb.com/projection/SBOCT23 , as of 11/8/2023:

SBOCT23

Year from issue date	1	2	3	4	5	6	7	8	9	10
Interest %	2.97	2.97	2.97	2.97	2.97	2.97	3.01	3.09	3.24	3.49
Average return per year %	2.97	2.97	2.97	2.97	2.97	2.97	2.98	2.99	3.01	3.05

 

[vuzuuu]

I bought about 5 months of SSB last July and received the dividends after 6months of period.
Wondering could I compound the both dividends and capital together, not getting the dividends on the next payout?

 

[reddevil0728]

I bought about 5 months of SSB last July and received the dividends after 6months of period.
Wondering could I compound the both dividends and capital together, not getting the dividends on the next payout?

No such thing

 

[sohguanh]

I bought about 5 months of SSB last July and received the dividends after 6months of period.
Wondering could I compound the both dividends and capital together, not getting the dividends on the next payout?

No. Before you buy you never research properly? All investment instruments have their own pro and con.

 

[BBCWatcher]

I bought about 5 months of SSB last July and received the dividends after 6months of period.
Wondering could I compound the both dividends and capital together, not getting the dividends on the next payout?

You can do that manually: just take the interest payments and buy more SSBs, subject to the $200,000 per person SSB holding limit, prevailing interest rates, and possible SSB oversubscription.

 

[DevilPlate]

10y SGS been creeping back up

 

[DelinquentXX]

The ssb Web page says last date of application Is 28 Aug yah

Closing Date
28 Aug 2023, 9pm

 

[martin]

Refresh my memory. The amount gets deducted the moment you apply so no point applying early?

 

[BBCWatcher]

The amount gets deducted the moment you apply so no point applying early?

That’s right.

 

[martin]

That’s right.

Thanks.

 

[The_Davis]

Projection now 3.09%!

 

[~sabaisabai~]

Projection now as of 18 Aug is 3.10%

 

[DelinquentXX]

So don't subscribe this month? Subscribe last day is 27 Aug yah

 

[reddevil0728]

So don't subscribe this month?

Why so?

Subscribe last day is 27 Aug yah

Huh which website you go to? Why you see 27 Aug when the ssb website says 28?

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

 

[~sabaisabai~]

So don't subscribe this month? Subscribe last day is 27 Aug yah

wait till end of this week to see the projection rate for the oct tranche then you can decide

 

[rachdanon]

wait till end of this week to see the projection rate for the oct tranche then you can decide

Think Sept one may hit the news because it is >3%, which may draw swarms to Oct. So anyone thinking to have a big allocation in Oct may be disappointed? Just my 2 cts of insecurity.

 

[reddevil0728]

Think Sept one may hit the news because it is >3%, which may draw swarms to Oct. So anyone thinking to have a big allocation in Oct may be disappointed? Just my 2 cts of insecurity.

that's why people think should skip current round and apply for next should not be so myopic about whether the net outcome is better. given the potential over sub

 

[petromax]

that's why people think should skip current round and apply for next should not be so myopic about whether the net outcome is better. given the potential over sub

This year, only twice oversubscribed, and the lowest quantity ceiling is $68,500. It should be much more than what people generally bid... not many people can bid that much... if have only 10K or 20K then just look for the better net outcome

 

[reddevil0728]

This year, only twice oversubscribed, and the lowest quantity ceiling is $68,500. It should be much more than what people generally bid... not many people can bid that much... if have only 10K or 20K then just look for the better net outcome

not a certainty. so key thing is to avoid confirmation bias

 

[lzydata]

Think Sept one may hit the news because it is >3%, which may draw swarms to Oct. So anyone thinking to have a big allocation in Oct may be disappointed? Just my 2 cts of insecurity.

Seriously, the difference between SBSEP23 and SBOCT23 will only be a few basis points from 1st year to 10th. Is that really a reason to delay? Just get SBSEP23 now