Dear readers, the November 2019 Singapore Savings Bonds result has been released. Of the S$250 million of bonds on offer, there was S$51.3 million of bonds applied of which S$50.3 million was allotted. The above translates into a application rate of 20.5% and a allotment rate of 20.1% for the Singapore November 2019 Savings Bonds. You can refer to the official Singapore Savings Bonds link for more details.
As compared to previous tranches of the Singapore Savings Bonds several months back, it is not a surprise that the take-up of the November 2019 Singapore Savings Bonds was comparatively not high. The November 2019 Singapore Savings Bonds offers only 1.74% per annum on average based on a 10-year holding period while the average annual yield for the first three years of holding was also a modest 1.62%. You could revisit what I had earlier said about the November 2019 Singapore Savings Bonds .
Congratulation to those who have successfully applied for and are allotted the Singapore Savings Bonds!
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