Dear readers, Singapore Savings Bond (Aug 2018 tranche) opened for application on 2 Jul 2018 and below are the average return per year for the first ten years. For comparison, I also included in () below the average return per year for the July 2018 Singapore Savings Bond tranche.
On first glance, the Aug 2018 Singapore Savings Bond seem to offer a higher interest since Year 1 interest rate is 1.78% compared to 1.72% for the Jul 2018 tranche. But if one is to look at the average return at Year 10 of the Aug tranche of the Singapore Savings Bond, that is where the Aug 2018 average returns seems to fall short in general.
Read more »