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Need some confirmation after reading the following articles:
This Month's Singapore Savings Bonds (SSB): Interest Rates & How To Buy (seedly.sg)
so if were to make a redemption request, do i have to make that during the redemption period? I cannot lets say want to make a redemption request on Apr? Since they mention is liquidity. i don't have to locked in my money for any period of time isn't it ?
Opens: 3 Feb 2022, 6pm Closes: 23 Feb 2022, 9pm Redemption of Bonds: 1 Mar 2022 (by end of day)
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https://www.mas.gov.sg/bonds-and-bills/investin...
Can redeem anytime within the redemption period every month.
You can apply in Feb for the new SSB during the application period.
You can redeem in Feb for any previous SSB you have during the redemption period.
SSBs are for 10 years with differing interest rates every year. If you hold till 10 years, you get the full interest. If redeem earlier, you get whatever interest till then. No lock in for the money.
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