Dear readers, the application for the NOVEMBER 2019 SINGAPORE SAVINGS BONDS is now open. As I have shared in my post on the October 2019 Singapore Savings bonds , there is a trend of the returns from the Singapore Savings bonds coming down for the NOVEMBER 2019 SINGAPORE SAVINGS BONDS.
As such, it comes as no surprise to me at all that the Nov 19 Singapore Savings bonds offers an even lower first-year and ten-year-average-return of 1.62% and 1.74% respectively than the October 2019 Singapore Savings bonds.
But I am a fan of the Singapore Savings bonds since it is an option where investors could grow their monies for a period of 10-years safely and at decent rates. No doubt, the return yield of previous tranches (of close to 2.10% annualized ten-year average) was more attractive, but the current yield are still acceptable as compared to what other banks are offering.
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