Wolf Money(Singapore Savings Bonds May 2023 review)

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I am surprised the current May issue SSBs still retain a yield of more than 3%. We might be seeing the last of the 3% SSBs reflecting a potential pivoting by the Fed on rate hiking cycle in May. The yield for next month SSBs is likely to be much lower as SGS 10 years bond yield is struggling to hold onto 2.7%. The current issue is characterised by a flat yield curve for the next 7 years at 3.03%, follow by a slight uptick in yield towards the till end of the bond. The close of application is on the 25th April. Good luck to those applying. God bless. 


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Disclaimers 

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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