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LLy

06 Jan 2023

∙

General Investing

Redeem SSB for T-bill?

I have SSBs with interest rates <2.5% (maturing in 2027/28). I wonder if I should redeem them now to put into T-bills instead? I will have to pay $2 for early redemption of SSB. Is there any fees for T-bills? (haven't bought any before)

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Chris

07 Jan 2023

Banks do not charge a fee for investing in T-bills at this moment. Anyway, the fees for investing in SSBs are also small as compared to the potential interests earned i.e. buy and redeem each at $2. Buying into either instrument really depends on your investment horizon at the end of the day.

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Char

07 Jan 2023

Why not redeem and apply for the new SSB with higher rates?

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Lim

07 Jan 2023

Another option is to redeem for this month's SSB which is still higher than yours...

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Anyone has any articles I could refer to with regards to a comparison between SSB vs T-Bills? Returns, how it works compared to SSB(there is an extensive article on SSB but not T-bills) If not could Seedly come up with an article on it?

Hi seedly! I have a question: if T-bills have higher yield% and shorter duration as compared to SIngapore savings bonds (10 years), how come people are still putting into SSB?

Anyone with experience redeeming T-Bills?

Does anyone know how much was the last T-bill % for 1 year duration? There’s one coming up in October 2022 (for 1 year t-bill) right.. am thinking to subscribe.. thanks!

Is the interest rate for 6 months T-bills or 1 year T-bills higher typically?

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