Singapore Savings Bonds

glorfindel

Master Member
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It is almost like MAS decided that they needed to deviate from I❤️SSB's latest projection as much as they could.

Interest,%
2.95%​
2.95%​
2.95%​
3.25%​
3.36%​
3.36%​
3.36%​
3.47%​
3.57%​
3.63%​
Average p.a. return, %**
2.95​
2.95​
2.95​
3.02​
3.09​
3.13​
3.16​
3.19​
3.23​
3.26​

Very bad returns this time, will look elsewhere.
 

havetheveryfun

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Joined
Jul 16, 2010
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3,421
It is almost like MAS decided that they needed to deviate from I❤️SSB's latest projection as much as they could.

Interest,%
2.95%​
2.95%​
2.95%​
3.25%​
3.36%​
3.36%​
3.36%​
3.47%​
3.57%​
3.63%​
Average p.a. return, %**
2.95​
2.95​
2.95​
3.02​
3.09​
3.13​
3.16​
3.19​
3.23​
3.26​
wow nv follow formula ?? weird
 

semiret

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I do remembered received DBS letter of notification of SSB allocations more than 1 weeks later. CDP can't remembered is it updated 1st of 2nd day after date of issued.
 

hwckhs

Senior Member
Joined
Apr 13, 2012
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It is almost like MAS decided that they needed to deviate from I❤️SSB's latest projection as much as they could.
I hope they didn't do it on purpose. :)

Btw, these are the reference yield for the entire month of Nov 2022:
  • Reference 1 year: 3.78 (inverted)
  • Reference 2 year: 3.10
  • Reference 5 year: 3.11
  • Reference 10 year: 3.26
Reference 1 year yield is inverted, so MAS had to suppress it, but 2 year and 5 year differ by quite a bit. No idea why.
 

hyperfuse

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Sep 23, 2019
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Uob one account have good rates to put money there. Just need salary crediting and $500 spend which I easily hit. First 30k already 3.85percent. Will store funds in this account and deploy to ssb when interest rates are at least 3.4 percent for ssb.
 

reddevil0728

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ekardo

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Joined
Jan 1, 2000
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750
It is almost like MAS decided that they needed to deviate from I❤️SSB's latest projection as much as they could.

Interest,%
2.95%​
2.95%​
2.95%​
3.25%​
3.36%​
3.36%​
3.36%​
3.47%​
3.57%​
3.63%​
Average p.a. return, %**
2.95​
2.95​
2.95​
3.02​
3.09​
3.13​
3.16​
3.19​
3.23​
3.26​
Still better than jun ssb. So maybe can swap over.
 

Sauzan

Master Member
Joined
Jan 5, 2002
Messages
2,742
Reaction score
114
I gona apply more this time…hopefully can get more since some of u find it too low haha

i still got many past ones to recycle
Same here, abit tedious but i guess money is worth it lol.

I wonder how much we will get this issue. That will determine how much i am selling my previous allocations.
 
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