July 2019 Singapore Savings Bond
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| Average interest per annual for 1-year and 10-year period |
The Fed has decided to hold the interest rates steady for now but hints that rates would be cut if the trade wars continue to affect the economic growth. This resulted in the market to rally. The interest rates for July's SSB has also improved slightly compared to the previous issue but is likely to remain flat in the near term.
I will probably be moving some of my warchest cash holding into SSBs as I do not expect to deploy them anytime soon.
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| Other Issues of SSBs Compared to Jul 2019 Issue |
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| Jul 2019 Issue |
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