Aug 2019 SSB 2.01% for 10 years and 1.68% for 1 year

No place to park your excess funds and want a flexible place to park while gaining a decent yield. SSB is the place for you to park your funds.

Learn how to make use of SSB bond ladder to gain additional interest with DBS Multiplier.

This month issuance is the worst interest in 2019 at 1.68%

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Aug 2019 SSB gives an average interest rate of 2.01% over the next 10 years and can be applied thru DBS/POSB, OCBC and UOB ATMs and Internet Banking.
This bond will be reflected as “SBAUG19 GX19080E” in your CDP statement or “GX19000E” in your SRS statement and “ CDP-SBAUG19 ” in your bank statement.

The 1st interest payment will be made on 1 Feb 2020, and subsequently every six months on 1 Feb and 1 Aug every year.

If you invest $1000, you will receive $202 in interest if you hold the bond till maturity in 2029.

Yearly and average interst rate as below.

SSB Interest Rates

Past Month SSB Rates

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