Jun 2019 Singapore Savings Bond

Average interest per annual for 1-year and 10-year period

Both the 1-Year and 10-Year interest rates are on the downtrend since the start of the year. The global economy growth is expected to slow down due to the ongoing trade war between US and China resulting in the long term interest rate to fall. The market could be volatile in the near term and the risk has also increased. SSBs are now less attractive as compared to the start of year but it is still a good alternative for investment given that it is risk-free.

There is an upcoming preferential offering for Frasers Centrepoint Trust which I will be subscribing for it. I am still deciding how much excess I should apply for. There is also an upcoming Astrea V private equity bond in June. Therefore, I will be saving the cash for these and will not be applying for SSBs this issue.

Other Issues of SSBs Compared to Jun 2019  Issue

Jun 2019 Issue

Details on this month SSB can be found on SGS website.

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