The efficient rate of interest for Singapore Financial savings Bonds (SSB) December 2024 (SBDEC24 GX24120F) is 2.81% in the event you held it for 10 years. Singapore Financial savings Bonds rate of interest had been on a downtrend for the reason that US Federal Reserve introduced a 50-bps fee minimize in September 2024. This month, the Singapore Financial savings Bonds rate of interest had recovered from 2.56% in October to 2.81%.
What are Singapore Financial savings Bonds?
Singapore Financial savings Bonds are a kind of presidency bond issued by the Financial Authority of Singapore that provides people a protected and versatile method to save cash. These bonds have a low minimal funding quantity, beginning at simply $500, and provide the next rate of interest than conventional financial savings accounts.
Traders can buy Singapore Financial savings Bonds immediately from the federal government…
