Wolf Money(Singapore Savings Bonds Nov 2023 review)

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(Source : MAS website)


The current yield on November SSBs is at its highest for the year. At 3.32% average yield, I am expecting good take up for this month issue. As for next month SSBs, it will be similar in term of yield base on 10 years SGS bond yield. It is definitely good time to be a saver now. SSBs could be use to house an emergency fund with flexibility in withdrawal and good long term return. There is no capital risk but do note there is one month lag for withdrawal. Risk free rates are likely to stay stubbornly high throughout next year that makes SSBs a good safe heaven. Closing date for application falls on 26th Oct 2023@9pm.


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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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