Singapore Savings Bonds (SBNOV24) Interest Rates Projection

02 Sep 2024 (Updated: 13 Sep 2024)

The next SSB (SBNOV24) is projected to have a 10-year average return of 2.60% p.a. with interest rates from 2.30% (year 1) to 2.92% (year 10). If you invest $10,000 in this SSB, you are projected to earn a total interest of $2,600 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 Sep 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 Sep 2024.

You already know that the current SSB (SBOCT24) has a 10-year average return of 2.77% p.a. Why do you need to know the projected interest rate of the next SSB (SBNOV24)?

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 (SBOCT24) and the next SSB (SBNOV24), check this page closer to current SSB's closing date (25 Sep 2024) when confidence of projection is higher.