Singapore Savings Bond (SSB): Earn up to 2.18% p.a. in the latest bond! Apply by 25 Feb 2019

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Starts1 Feb 2019 (Fri)Ends25 Feb 2019 (Mon)
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Earn up to 2.18% p.a. with a minimum $500 in Feb 2019’s Singapore Savings Bond

Investment amount

  • Minimum per bond: $500
  • Maximum per bond: NONE
  • Maximum individual holding: $200,000 (NEW)

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 IDGX19030Z
Amount available$300 million
Issue date1 Mar 2019
Maturity date(1)1 Mar 2029
Interest payment dates(1) The 1st interest payment will be made on 1 Sep 2019, and subsequently every six months on 1 Sep and 1 Mar 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 Feb 2019
Closes: 9.00pm, 25 Feb 2019
Results: After 3.00pm, 26 Feb 2019
Keep track of the important dates with 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 Feb 2019, these channels will be open from 6.00pm to 9.00pm. CPF funds are not eligible.

This bond will be reflected as “SBMAR19 GX19030Z” in your CDP statement or “GX19030Z” in your SRS statement. Interest and principal payments will be paid to the bank account linked to CDP (and reflected as “CDP-SBMAR19” in your bank statement for cash investments) or SRS account (for SRS investments)

Interest rates

Year from issue date12345678910
Interest, %1.951.951.972.
Average return per year, %*1.951.951.961.982.

* 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

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