Dear readers, August 2022 Singapore Savings Bonds (SSB) is open for subscription from 1 Jul 22, 6pm until 26 Jul 22. The August SSB offers an attractive 3% per annum for a holding of 10 years!
Let us look at the average annual return on a year-to-year basis as follows:
Year 1 : 2.00 %
Year 2 : 2.42 %
Year 3 : 2.63 %
Year 4 : 2.74 %
Year 5 : 2.82 %
Year 6 : 2.88%
Year 7 : 2.92 %
Year 8 : 2.95 %
Year 9 : 2.97%
Year 10 : 3.00%
I believe Aug 2022 Singapore Savings Bonds offers one of the highest annual interest rates, if not the highest annual rates among all tranches of Singapore Savings Bonds! Hence, this upcoming Aug 2022 issue of the SSB is indeed very attractive to savers as it offers a 3% annual return, close to what an average dividend yield from a stock could give investors but with an added advantage of capital preservation!
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