Singapore Savings Bond Effective Returns

Singapore Savings Bond Effective Returns:

We look at the Singapore Savings Bond effective returns per year today.

The return from investing money in the first issue of Singapore Savings Bonds is shown. This bond will be available for individual application up to 29 Sep 2015. It will be issued effective on 1 October 2015. Maturity date is 1 October 2025.

The effective return per year on a compounded basis will be 2.01%.

At the end of the 10th year, the nominal interest earned will be 3.7%.

The effective return per year on a compounded rate will be 2.63%.

This bond will be reflected as "SBOCT15 GX15100F" in your CDP statement and "CDP-SBOCT15" in your bank statement.

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Singapore Savings Bonds Interest

Singapore Savings Bonds Interest

What are the latest Singapore Savings Bonds interest rates? How much interest can you earn by investing in Singapore Savings Bonds? Interest rates are good enough for Singaporeans to invest in them?

Singapore Savings Bonds interest rates will be made known at the start of each series of Singapore savings bonds launch.

If you hold Singapore Savings Bonds for the entire duration of ten years, you can expect to collect interest payment equivalent to the 10-year Singapore Government Securities (SGS) bonds.

As of last week, the yield (annual interest payment) of 10-year SGS bonds are listed below:

22 May 2015 = 2.34 %p.a.

25 May 2015 = 2.37 %p.a.

26 May 2015 = 2.35 %p.a.

27 May 2015 = 2.43 %p.a.

28 May 2015 = 2.43 %p.a.

29 May 2015 = 2.42 %p.a.

Singapore Savings Bonds interest rates will be lower if you withdraw your principal before the 10-year maturity.

All Singapore savings bonds interest payments will be paid out at regular 6-monthly intervals.