The Singapore Savings Bond looks too good to be true. What's the catch?

Discussion (4)

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Cryotosensei

01 Sep 2023

Blogger at diaperfinancingfund.blogspot.com

If you need to withdraw them before maturity, you have to pay 5% fee as a penalty, iirc

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Leong Wen Fong

31 Jan 2019

Commercial Ops at Aspire

I don't really think taht SSB is "too good to be true" but I guess the main risk, is that if something happens to Singapore, then it will affect the SSBs that we have bought.

However, this is quite a low risk, and thus SSB also has low returns (although recently they have gotten relatively high as "bonds")

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Gabriel Tham

31 Jan 2019

Tag Team Member at Kenichi Tag Team

The catch is maximum is 100k. Soon to be 200k.

Required 1 month to withdraw.

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The recent Singapore Saving Bonds interest looks good. Should i put my money in SSB or endowment. Can endowment really able to deliver a better returns vs SSB

Hi! Is it a good idea that I top up SRS (tax reduction purpose) & use the SRS $ to buy Singapore Tbills? Tbills versus Singapore Savings Bond - which is better? (No prob holding 1 year). Thanks!

Hi there, i would like to seek your opinion on singapore savings bond. Is it good to park my money there and for roughly how many years? Thanks for your help in advance.?

Syfe's new REIT+ with SGX's Index looks interesting! There's even the option to choose pure REIT or a REIT portfolio combined with Singapore Government Bonds. Can I get advice on whether its good?

Hi all, I am serving my NS and now my dad is about to lose his job due to covid 19. I have 12k savings and some emergency funds. I am looking into investing in unit trust/funds. Are bond funds good?