Enjoyable reality : In whole, about 120,000 people maintain greater than S$5.7 billion price of SSB as firstly of 2022. FYI: Read These 37 Things To Turn out to be An Knowledgeable On The Singapore Financial savings Bonds. Effectively, it appears that evidently Financial savings Bonds fatigue has kicked in, once more. The Singapore Savings Bonds SSB interest rate history has been inching upwards ever for the reason that FED launched into rate of interest hikes in an try and fight inflation, with the previous SSB rates of interest going from the lows of January 2022 (First Yr 0.45%, 10-Yr 1.78%) to the highs of December 2022 (First Yr 3.26%, 10-Yr 3.47%).
https://www.turtleinvestor.net/singapore-savings-bonds-historical-interest-rates/ The great (or unhealthy) information, relying on the way you see it, is that rates of interest will seemingly proceed to rise, albeit at a slower rate, via 2023 until the top of subsequent yr. As regular, that is excellent news for savers, however unhealthy for home-owners….

