Investing & rates
What is Singapore Savings Bonds (SSB)?
A safe government bond made for individuals: your principal is guaranteed, you can redeem in any month with no penalty, and the interest steps up the longer you hold, up to 10 years. Fully backed by the Singapore Government.
How Singapore Savings Bonds work
SSBs are issued every month and you apply through a bank’s digital services or with SRS funds. Interest is paid every six months and steps up the longer you hold, so a bond held for the full 10 years earns the headline “10-year average return.” Because they’re fully backed by the Singapore Government, your principal is never at risk.
Built-in flexibility
You can redeem an SSB in any month with no penalty and get your principal back plus the interest accrued, which makes SSBs a popular home for emergency savings that still earns a decent rate. There’s an individual holding limit (currently $200,000 across all your SSBs), and each monthly issue has its own rate set from prevailing government bond yields.