Asked by Anonymous

Do you think investing in SSB or temasek bond will be a better bet?

Have 1.5k to invest for the tranche in Nov. Am thinking whether to consider temasek bond now. Any advice?

1
0
Share this
Answer this question
Add
Add
Select
Clear
Add
Write your answer

Answers (3)

    • Cherie Julianne Tan, Content Strategist at Seedly
      37 Answers, 81 Upvotes
      Answered 4w ago

      It highly depends on which you are comfortable with, SSB is government-backed bond and Temasek Bond being rated "Aaa" by Moody's is afterall still a corporate bond.

      SSB:

      • Returns - S$33.30 after 5 years (S$37.20 after 10 years)
      • Able to withdraw anytime, (within a month of processing time)
      • More details

      Temasek Bond:

      • Returns - S$40.5 after 5 years
      • Cannot withdraw but you are able to sell back to the market in SGX (if there are buyers in the market and you might sell at a loss)
      • More details

      If you're adventurous enough and want to try out Temasek Bond, you can put $1,000 into that and the remaining $500 into SSB because for Temasek Bond you can only invest in denominations of S$1,000.

      Do ask yourself which you are most comfortable with, never invest in something that you don't believe in. Hope this helps! :)

      Comments (0)
      3
      0
      Share this
    • Yong Kah Hwee

      Top Contributor (Oct)

      299 Answers, 398 Upvotes
      Answered 4w ago

      I would say the temasek bond. it is rated AAA, and you can always sell it back to the market if you need to money for an emergency (historically, bond prices do not move MUCH, so you won't lose/gain much from selling.)

      Comments (0)
      1
      0
      Share this
    Gabriel Lee

    Top Contributor (Oct)

    312 Answers, 465 Upvotes
    17 Oct 2018

    Can consider the Temasek bond instead as it gives 2.7% interest which is higher than what the Singapore Savings Bond is offering. Additionally, it's AAA-rated credit so it should be safe!

    Sign Up or Log In here
    Sign in now to unlock 1 more answer to this question!
    Sign In with Facebook

Manage your money for free today!

Download on the App StoreGet it on Google Play
  • Quick overview
    Quick overview of your bank and card transactions.
  • Secure syncing
    Secure syncing of your bank or credit cards transactions
  • Automatic categorization
    Automatic categorization and analysis for your expenses
Seedly app