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Anonymous

18 Apr 2019

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General Investing

Are SSB interest rates compounded or simple?

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Hariz Arthur Maloy

21 Mar 2019

Independent Financial Advisor at Promiseland Independent

Simple, as coupons are paid out and not reinvested.

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Is it advisable to take on SSB once the interest rate is higher than 1.9% (i.e. inflation rate)?

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When will you jump into Singapore Savings Bonds? SSBs this month start at 3% year 1. Interest rates still going up the US Fed predicted to increase rates by 75bps. Do you buy this SSB or wait and see?

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