SSB projection accuracy has been improved to 99.99% (based on backtests)!
Singapore Savings Bonds (SBJUL24) Interest Rates Projection
02 May 2024 (Updated: 17 May 2024)
The next SSB (SBJUL24) is projected to have a 10-year average return of 3.29% p.a. with interest rates from 3.24% (year 1) to 3.44% (year 10). If you invest $10,000 in this SSB, you are projected to earn a total interest of $3,290 over a period of 10 years.
We have reached the first (of three) projection milestone. At this stage, at least 1/3 of business days in May 2024 have passed. The projected interest rates are preliminary estimates. They will continue to change, especially if interest rate moves up or down significantly in the remaining business days of May 2024.
You already know that the current SSB (SBJUN24) has a 10-year average return of 3.33% p.a. Why do you need to know the projected interest rate of the next SSB (SBJUL24)?
Knowing the interest rate of the next SSB before it is announced allows you to plan ahead and get the best return for your SSB investment.
For example, you might have limited amount of money to invest. If you know that the next SSB will have a higher return, you can confidently skip the current SSB and wait for the next one. Conversely, if the next SSB will have a lower return, you can proceed to purchase the current SSB without hesitation.
Projection is updated at the end of each business day. If you need to decide between current SSB (SBJUN24) and the next SSB (SBJUL24), check this page closer to current SSB's closing date (28 May 2024) when confidence of projection is higher.
SBJUN24 (Announced)
- Opening Date
- 02 May 2024 Notify me
- Closing Date
- 28 May 2024 Remind me
- Allotment Date
- 29 May 2024 Notify me
- Issue Date
- 03 Jun 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.33 | 3.46 | 3.54 | 3.54 |
| Average return per year % | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.27 | 3.29 | 3.31 | 3.33 |
Do you have an existing SSB? Is it profitable to swap your existing SSB with SBJUN24?
Check the health of your SSB portfolio with SSB Portfolio Analyzer.
SBJUL24 (Projected)
- Confidence
- 57%*Monitor
- Opening Date
- 03 Jun 2024
- Closing Date
- 25 Jun 2024
- Allotment Date
- 26 Jun 2024
- Issue Date
- 01 Jul 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.24 | 3.24 | 3.24 | 3.24 | 3.24 | 3.24 | 3.28 | 3.38 | 3.44 | 3.44 |
| Average return per year % | 3.24 | 3.24 | 3.24 | 3.24 | 3.24 | 3.24 | 3.25 | 3.26 | 3.28 | 3.29 |
Projection is made based on the 1, 2, 5 and 10-year SGS benchmark yields. Calculations are made according to the SSB technical specifications (MAS), in a best-effort manner. The projected interest rates may differ from the actual ones which will be announced on 03 Jun 2024. You may also check the accuracy of our past projections.
* Confidence increases towards the end of month as more daily SGS yields become available. Latest daily SGS yield considered: 17 May 2024.
6-Month T-bill is open for application.
Auction for 6-Month T-bill BS24109A (09 May 2024), cut-off yield: 3.70% p.a. View Details
Auction for 10-Year SGS Bond NX24100T (26 Apr 2024), cut-off yield: 3.46% p.a. View Details