Wolf Money(Singapore Savings Bonds Dec 2022 review)
It is time for Singapore Savings Bonds review. The average yield for Dec 2022 issue if one holds the bond for 10 years is an astonishing 3.47%. First year yield is at 3.26%. The kind of yield investors are getting for their SSB used to be the coupon rate of a 7 years corporate bond issued by government link companies just a year ago(risk involved vs risk free). We are likely to see keen interest for the bond. I am expecting most applications are likely to get a range of 8k-11k if you applied let said 20k and above. Closing date is on the 25th Nov 9pm. Good luck.
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