Website: Singapore Savings Bond – May 2023 – Expected 10 Year Average Yield – 3. Accrued interest on the redemption amount shall be paid. Interest payments are made every 6 months after issuance and interest rates “step up” (increases) each year.įor both maturity and redemption, you will receive the principal amount by the second business day of the next month. Savings Bonds are redeemable in any given month, with no penalty for exiting the investment early. Savings Bonds are fully backed by the Singapore Government. ![]() ![]() The good news is that unlike Spotlight, it doesn't require any indexing. Savings Bonds are a special type of Singapore Government Securities (“SGS”) with features that make them suitable for individual investors. It's a very powerful and highly flexible search app that should be able to find just about any file on your Mac. All data and information provided on this site is for informational purposes only. For those who are deciding between the 2 months, it may be worth to top up more for the upcoming May 2023 issuance.įor those who are more interested to bid for the May 2023 issuance, do note that the closing date is on 25 April 2023 at 9.00pm.ĭisclaimer: Not financial advice. The expected 10 year average yield of the June 2023 issuance is approximately 2.82%, which is significantly lower than the current May 2023 Singapore Savings Bond with a 10 year average yield of 3.07%. There are an additional of 5 business days till end of the month and thus the 10 year average yield may change slightly. Photo source: April 2023 Date 10-Year Yield 3 2.91% 4 2.87% 5 2.81% 6 2.76% 10 2.79% 11 2.76% 12 2.78% 13 2.75% 14 2.78% 17 2.81% 18 2.85% 19 2.88% 20 2.85% 21 2.86% Average 2.82% Extracted from SGS Prices and Yields – Benchmark Issuesĭo note that the above interest rate calculation covers from 1 April 2023 to 21 April 2023 which is a total of 14 business days. LOLYSIC Lazy Susan Turntable Cupboard Organisers, Rotating Spice Seasoning Turntable Organiser for Kitchen Cupboard Fridge Drawer Cabinet Pantry Specification: Material: PP+ TPR Color: Gray and white Diameter: Approx 25CM/ 9.8 Inch Height: Approx 2.5CM/ 0. The daily “Average Buying Rates of Govt Securities Dealers 10-Year Bond Yield” for the month of April 2023 up to 21 April 2023 as below.
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