Dear readers, May 2022 Singapore Savings Bonds are now up for subscription.
If you are shrugging off the Singapore Savings bonds for its low interest rates, you might want to look once again at the details of the May 2022 Singapore Savings Bonds.
Interest rates are generally up and so are the interests for May 2022 Singapore Savings Bonds!
The average return for the May 2022 Singapore Savings Bonds is 2.09% over ten years of holding. These returns are truly decent for it has really been a long time since annualized ten-year interest have reached a level close to this.
I remembered applying and successfully allotted Singapore Savings Bonds with the average annualized ten-year interest rate of 2.1% many years back.
It is now good time to be savers: interest rates are going up and having more savings will help in every way to offset the high cost of living and inflation that we are looking at now.