Showing posts with label SSB. Show all posts
Showing posts with label SSB. Show all posts

Thursday, 4 July 2019

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%










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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Tuesday, 4 June 2019

July 2019 SSB 2.16% for 10 years and 1.93% 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.










July 2019 SSB gives an average interest rate of 2.16% 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 “ SBJUL19 GX19070W ” in your CDP statement or “GX19070W” in your SRS statement and “ CDP-SBJUL19 ” in your bank statement.











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





If you invest $1000, you will receive $217 in interest if you hold the bond till maturity in 2029.





Yearly and average interst rate as below.





SSB July 2019




Past Month SSB Rates





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Friday, 3 May 2019

June 2019 SSB 2.13% for 10 years and 1.88% 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.










June 2019 SSB gives an average interest rate of 2.13% 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 “ SBJUN19 GX19060S ” in your CDP statement or “GX19060S” in your SRS statement and “ CDP-SBJUN19 ” in your bank statement.






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The 1st interest payment will be made on 1 Dec 2019, and subsequently every six months on 1 Dec and 1 June every year.





If you invest $1000, you will receive $214 in interest if you hold the bond till maturity in 2029.





Yearly and average interst rate as below.





SSB June Rates




Past Month SSB Rates





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Thursday, 4 April 2019

My Saving Bonds Portal Has Launched


Login with your SingPass to get a bird's eye view of your Saving Bonds (SSB) portfolio.










You will be able to access the portal with Singpass but not applicable for FIN Singpass user. Fin Singpass user will have to refer to CDP and SRS statements for your SSB Holdings.






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Through the portal, you will be able to;





  • View your total holdings of Savings Bonds, purchased using both cash and SRS funds.
  • See how much more Savings Bonds you can buy before you hit the Individual Limit.
  • Keep track of upcoming interest payments.
  • Compare the interest rates across different Savings Bonds.




SSB Portal Summary




Let's see how inside look like after you login.






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You will be able to see how much you invested with Cash or SRS account and how much more you can apply. There is a chart which shows you your interest earned if you held all your SSB till maturity.





SSB Investment Summary




Moving down you can see how much interest you will be getting for your holdings for 12 months and 10 years.





12 Months Interest





12 Months Interest




10 Years Interest





10 Years Interest





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It end with a timeline for current SSB application.





Current SSB Timeline




Summary





I like the interface alot, it's clean and easy to use. Everything is available at a glance. I'm looking forward to better rates so i can add more of my funds into SSB. Will be interesting to see how it look like when i have more allocations.


Tuesday, 2 April 2019

May 2019 SSB 2.16% for 10 year and 1.95% 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.










May 2019 SSB give an average interest rate of 2.16% 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 “ SBMAY19 GX19050A ” in your CDP statement or “GX19050A” in your SRS statement and “ CDP-SBAPR19 ” in your bank statement.












The 1st interest payment will be made on 1 Nov 2019, and subsequently every six months on 1 Nov and 1 May every year.





If you invest $1000, you will receive $217 in interest if you hold the bond till maturity in 2029.





Yearly and average interst rate as below.





SSB May 19




Past Month SSB Rates





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Tuesday, 5 March 2019

April 2019 SSB 2.16% for 10 year and 1.96% 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.










April 2019 SSB give an average interest rate of 2.16% 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 “ SBAPR19 GX19040X ” in your CDP statement or “GX19040X” in your SRS statement and “ CDP-SBAPR19 ” in your bank statement.







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The 1st interest payment will be made on 1 Oct 2019, and subsequently every six months on 1 Oct and 1 Apr every year.





If you invest $1000, you will receive $218 in interest if you hold the bond till maturity in 2029.





Yearly and average interst rate as below.





Apr 19 SSB




Past Month SSB Rates





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Monday, 4 February 2019

March 2019 SSB 2.18% for 10 year and 1.95% 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.










March 2019 SSB give an average interest rate of 2.18% 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 “ SBMAR19 GX19030Z ” in your CDP statement or "GX19030Z" in your SRS statement and “ CDP-SBMAR19 ” in your bank statement.







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The 1st interest payment will be made on 1 Sept 2019, and subsequently every six months on 1 Sept and 1 Mar every year.





If you invest $1000, you will receive $220 in interest if you hold the bond till maturity in 2029.





Yearly and average interst rate as below.





March SSB




2019 SSB Rates





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Thursday, 3 January 2019

February 2019 SSB 2.20% for 10 year and 1.98% for 1 year


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










February 2019 SSB give an average interest rate of 2.2% 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 "SBFEB19 GX19020V" in your CDP statement and "CDP-SBFEB19" in your bank statement.







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The 1st interest payment will be made on 1 Aug 2019, and subsequently every six months on 1 Aug and 1 Feb every year.





This month SSB is still limit at $100,000 per CDP account and is not available for CPF and SRS account.





Yearly and average interst rate as below









2019 SSB Rates





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Thursday, 20 December 2018

MAS increase SSB limit and allow SRS to purchase


Monetary Authority of Singapore (MAS) had announced the limit of Singapore Savings Bonds (SSB) to increase from $100,000 to $200,000 a 100% increase from current policy. Another announcement is you are able to buy SSB with Supplementary Retirement Scheme (SRS) too. Both changes will take effect from Feb 1, 2019.





A new portal "My Savings Bonds" will be launch in March for investors to view their consolidated SSB holdings via the SSB website.





Every month the Government will issue $300 million which mean there should be a slice of cake for everyone. Personally, I had applied for Jan 2019 allocation. The rates can be view over here.






Wednesday, 12 December 2018

January 2019 SSB 2.45%

January 2019 will be the first SSB that I purchase to be part of my portfolio . My target will be holding $3000 of SSB in my CDP account.

Although, January 2019 average interest is 2.45% but guess I have to start somewhere first.

In 2018, the highest interest is 2.63% followed by 2.57%. Below show the interest payable every year till the end of 10 years.

This bond will be reflected as "SBJAN19 GX19010T" in your CDP statement and "CDP-SBJAN19" in your bank statement.































MthYr 1Yr 2Yr 3Yr 4Yr 5Yr 6Yr 7Yr 8Yr 9Yr 10Average
Jan-192.012.142.252.352.452.532.622.72.792.92.45%

My Expenses - November 2019

Total expenses for November is $5191.62. This is largely contributed by my Japan trip spending of $2710.40. $411.36 was spent on food which ...