Singapore Savings Bond (SSB): Earn up to 2.01% p.a. in the latest bond! Apply by 26 July 2019

Past Event

Oh no, the event has ended. Don't miss out again, get the latest sales via our newsletter, Facebook, Twitter or RSS feed!

Starts1 Jul 2019 (Mon)Ends26 Jul 2019 (Fri)

Earn up to 2.01% p.a. with a minimum $500 in July 2019’s Singapore Savings Bond

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.

Issuance details

Bond IDGX19080E
Amount available$350 million
Issue date1 Aug 2019
Maturity date(1)1 Aug 2029
Interest payment dates(1)The 1st interest payment will be made on 1 Feb 2020, and subsequently every six months on 1 Feb and 1 Aug every year.
Investment amountsYou can invest a minimum of $500, and in multiples of $500. The total amount of Savings Bonds held across all issues cannot be more than $200,000.
Application periodOpens: 6.00pm, 1 Jul 2019
Closes: 9.00pm, 26 Jul 2019
Results: After 3.00pm, 29 Jul 2019
Keep track of the important dates with the SSB calendar.
Apply throughCash applications: via DBS/POSB, OCBC and UOB ATMs and internet banking portals, OCBC Mobile Application.

SRS applications: via internet banking of your SRS operator (DBS/POSB, OCBC and UOB).

Apply from 7.00am – 9.00pm, Mon – Sat, excluding Public Holidays. On 1 Jul 2019, these channels will be open from 6.00pm to 9.00pm. CPF funds are not eligible.

This bond will be reflected as “SBAUG19 GX19080E” in your CDP statement or “GX19080E” in your SRS statement. Interest and principal payments will be paid to the bank account linked to CDP (and reflected as “CDP-SBAUG19” in your bank statement for cash investments) or SRS account (for SRS investments)

Interest rates

Year from issue date12345678910
Interest, %1.681.681.681.912.
Average return per year, %*1.681.681.681.741.791.831.871.921.962.01

* At the end of each year, on a compounded basis

Calculate the interest you will earn based on your desired investment amount using the Interest Calculator.

For all Savings Bonds interest rates, please click here.

(1)If this day is not a business day, payment will be made on the next business day.

For more info, click here

Share this with your friends & loved ones on Facebook!

Apply for the Citi Cash Back Card credit card and get S$120 cash back when you apply and spend! Visit!


Be the first to comment

Leave a Reply

Your email address will not be published.

trending [X]