Wolf Money(Singapore Savings Bonds April 2023 review)

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The yield of 10 years SGS which the SSBs took a reference from had fallen off the cliff in a matter of a week. It was trading close to 3.4% just over a week ago and now the yield on 10 years SGS is below 3%. There is a flight to safety due to the uncertainty surrounding the financial soundness of some banks in US and Europe. SSBs average 10 years yield for the month of April is a decent 3.15%. I am expecting next month SSBs yield to drop due to risk aversion in the market. I suspect this month SSBs to be popular. There are 700m up for application. Closing date of application is on the 28th March 2023@9pm. Good luck to those putting in an application.


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All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.


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