Pages

Singapore Savings Bond - November 2022

Applied for another 10k of Singapore Savings Bond.  The 3.47% yield was just too tempting to ignore.  What other instrument can give this yield over 10 years?  

Most other products like fixed deposit probably cannot compare with the yield and liquidity of the SSB.

Assuming one has 200k in SSB, you can expect around 6-7k in interest income every year based on a yield of 3-3.5%.

That is a reasonable sum for passive income paid out twice yearly.  And it is CAPITAL GUARANTEED. 

No comments:

Post a Comment