Wolf Money(Singapore Savings Bonds June 2023 review)

 




SSBs for June 2023 carry the flattest yield for any SSBs. First year yield is at 2.81%. On the 10th year, yield is at 2.82%. The flat yield curve is indicative of a slowing economy in Singapore. The current Singapore 10 years bond yield is less than 2.8%. If it continue, SSBs average yield for July issue will be lower. The closing date for this month SSBs fall on 26 May @9pm. I probably skip this month issue. June issue is likely to be under subscribed. 


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