facebookConstantly hearing that SSB is a very safe investment, what are some of the risks of investing in SSB? - Seedly

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Anonymous

10 Feb 2021

General Investing

Constantly hearing that SSB is a very safe investment, what are some of the risks of investing in SSB?

SeedlyTV S2E07

Discussion (8)

What are your thoughts?

Hariz Arthur Maloy

Hariz Arthur Maloy

01 Apr 2019

Level 15·Independent Financial Advisor at Promiseland Independent

Default risk of the government.

Reinvestment risk upon maturity of the bond. You may not get the same interest rates when the bond matures and you get back your capital.

And other than that, just the low yield it gives barely beats inflation.

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Luckily I signed up for SBB few years back when the interest rates were at all time high. Just take note that you will receive the redemption amount you requested in full, along with any accrued interest, by the 2nd business day of the following month, so it is not immediate release of money.

Pang Zhe Liang

Pang Zhe Liang

28 Dec 2019

Level 14·Senior Financial Services Consultant at AIA Singapore Private Limited

While Singapore Savings Bonds are very safe since it is backed by the government, there exists risks...

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