Wolf Money(Singapore Savings Bonds Oct 2024 review)

 



(Source: MAS)

The average 2.77% yield on current issue SSBs is still somewhat attractive given the circumstance surrounding the falling yield of our 10 years SGS. Base on the lower yield of our 10 year bonds, we are heading towards lower yield on SSBs in subsequent months. This is the last month to get a proper long term yield. With long term yields dropping like flies elsewhere due to the aggressive rate cut by the US Fed. SSBs yield will be mimicking the lower rates. Closing date is on the 25th Sept@9pm. Good luck. God Bless.

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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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