Singapore Savings Bonds January 2024 : 2.81%

 

Singapore Savings bonds dip below 3% for January 2024.

The rate for SSB dipped to 2.81% after a high of 3.4% 2 months ago. This significant drop would probably dampen demand as Treasury bills are still above 3.7%.

The Singapore Savings Bond Jan 2024 rates are as follows.

Demand for this bond would likely be low given that Banks still provide interest rates above 3%. You can get the latest January bank's fixed deposit rates here.

Would you place your funds into this month's SSD or would you rather consider other options instead?