Uh oh, the promo has ended
Don't miss out again, get the latest news via
| Starts | 1 Mar 2024 (Fri) | Ends | 25 Mar 2024 (Mon) |
|---|---|---|---|
| Location | Not Specified |
| We are now on Telegram. Click to join |
| We are now on WhatsApp Channel. Click to join |
Earn up to 3.04% p.a. with a minimum $500 in the latest Singapore Savings Bond
UPDATE 1 Apr: Singapore Savings Bond latest issue offers up to 3.06% p.a. – applications open till 25 April 2024
Investment amount
- Minimum per bond: $500
- Maximum per bond: None
- Maximum individual holding: $200,000
A safe and flexible way to save for the long term. Savings Bonds are a special type of Singapore Government Securities that is suitable for individuals. Your principal investment and interest payments are backed by the full faith and credit of the Singapore Government.
You will always get your principal back when investing in Savings Bonds. Once a Savings Bond is issued, interest rate changes will have no effect on the bond’s value.
They complement other savings and investments as a safe way to save for the long term.
- Safe – Savings Bonds are fully backed by the Singapore Government. In addition, you can always get your investment amount back in full with no capital losses.
- Long-term – Invest for up to ten years, with interest that increases over time. The longer you save, the higher your return.
- Flexible – Or, choose to exit your investment in any given month, with no penalties. There is no need to decide on a specific investment period at the start
Interest Rates
SBAPR24 GX24040Z
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 3.04 | 3.19 | 3.28 | 3.28 |
| Average return per year %* | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 2.96 | 2.99 | 3.02 | 3.04 |
*At the end of each year, on a compounded basis.
- For how to invest in Singapore Savings Bonds, click here.
- For existing holders who wish to withdraw their bonds, find out how here.
- For full info, click here
Looking for more fixed deposit options? Check out some of the best deposit rates here.
Leave a Reply