Singapore Savings Bonds

[lzydata]

Big difference in reception when the headline yield falls from above 3% to below 3%.

 

[reddevil0728]

Big difference in reception when the headline yield falls from above 3% to below 3%.

that might be the "psychological" level.

 

[rachdanon]

that might be the "psychological" level.

Interesting how the mind works.

 

[reddevil0728]

Interesting how the mind works.

There’s why there’s a whole study on behavioural science.

 

[hwckhs]

Final projection by https://www.ilovessb.com/projection/SBJUL23 , as of 31/5/2023:

SBJUL23

Year from issue date	1	2	3	4	5	6	7	8	9	10
Interest %	2.80	2.80	2.80	2.80	2.81	2.81	2.81	2.83	2.87	2.94
Average return per year %	2.80	2.80	2.80	2.80	2.80	2.80	2.80	2.81	2.81	2.82

Based on SGS benchmark yields (May 2023):
1 year: 3.59
2 year: 3.20
5 year: 2.80
10 year: 2.82

 

[FlyGuardX]

wah projections got better

 

[sglandscape]

Big difference in reception when the headline yield falls from above 3% to below 3%.

Think most people look at the y1 rate first then consider the overall rate for the full 10y, that's why Tbills more popular than SSB in recent times

 

[reddevil0728]

Think most people look at the y1 rate first then consider the overall rate for the full 10y, that's why Tbills more popular than SSB in recent times

I would actually disagree with that.

my bet is that unless you are savvy in this area, ppl will look at top line figure and not deep dive

 

[sglandscape]

I would actually disagree with that.

my bet is that unless you are savvy in this area, ppl will look at top line figure and not deep dive

You may wish to check out the historical interest vs yield, most people seem to use it as a up to 1y FD replacement.

 

[reddevil0728]

You may wish to check out the historical interest vs yield, most people seem to use it as a up to 1y FD replacement.

i mean after all both are hypothesis. we probably wouldn't know for sure without minimally conducting a random sampled polling of all interested parties of SSB

 

[boringLife-]

My dec 22 cpn payment should be today right? Go where see huh

When will I receive the interest payments? Interest is paid every 6 months, on the 1st business day of the month. The first interest payment will be made 6 months after you receive your Savings Bonds

 

[reddevil0728]

My dec 22 cpn payment should be today right? Go where see huh

When will I receive the interest payments? Interest is paid every 6 months, on the 1st business day of the month. The first interest payment will be made 6 months after you receive your Savings Bonds

Yes. But not so early towards end of day. In the bank account linked to CDP

 

[demoforce1]

Yes. But not so early towards end of day. In the bank account linked to CDP

I think that I see you have replied this many many times across the times

 

[reddevil0728]

I think that I see you have replied this many many times across the times

What to do?

 

[limjohnny]

What to do?

Very helpful

 

[hwckhs]

SBJUL23 (Announced)

Year from issue date	1	2	3	4	5	6	7	8	9	10
Interest %	2.76	2.76	2.76	2.76	2.76	2.76	2.76	2.95	3.02	3.02
Average return per year %*	2.76	2.76	2.76	2.76	2.76	2.76	2.76	2.78	2.81	2.82

Closing Date: 26 Jun 2023
Issue Size: $600M (-$100M)

https://www.mas.gov.sg/bonds-and-bi...ond?issue_code=GX23070H&issue_date=2023-07-03

 

[lzydata]

Think most people look at the y1 rate first then consider the overall rate for the full 10y, that's why Tbills more popular than SSB in recent times

I would actually disagree with that.

my bet is that unless you are savvy in this area, ppl will look at top line figure and not deep dive

My impression from forumers here is that they will quote only one number in their consideration - the average return over 10 years. Even the SSB webpage has that number in big font but the others in small font or on the details page. The newspaper ads - old school, I know - do not highlight one number over the others though.

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

 

[reddevil0728]

My impression from forumers here is that they will quote only one number in their consideration - the average return over 10 years. Even the SSB webpage has that number in big font but the others in small font or on the details page. The newspaper ads - old school, I know - though do not highlight one number over the others.

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

yep. and that's what the public media will also indicate the topline

 

[konan~]

My impression from forumers here is that they will quote only one number in their consideration - the average return over 10 years. Even the SSB webpage has that number in big font but the others in small font or on the details page. The newspaper ads - old school, I know - do not highlight one number over the others though.

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

If they only consider the average return over 10 years, then it is likely that will keep it till maturity.

 

[reddevil0728]

If they only consider the average return over 10 years, then it is likely that will keep it till maturity.

I’m not sure many ppl think as deeply.
A lot more just see top line without fully understanding