NOVEMBER 2018 SINGAPORE SAVINGS BONDS: A VERY GOOD FIRST-YEAR RETURN!

Dear readers, the November 2018 Singapore Savings Bond is open for application. In what could be a response to the very modest take-up rate for the Oct 2018 Singapore Savings Bond tranche (the amount applied was less than the amount open for subscription: one of the very rare cases this was so), the first-year return of the Nov 2018 tranche of the Savings Bond is as high as 1.80%!
Singapore Savings Bonds

How high is 1.80% as a return for the first year of the monthly Singapore Savings Bonds tranche? Well, higher than the first-year tranche of all the recent tranches of the Singapore Savings Bonds, including the Aug 18 tranche, which offers 1.78%, the highest to-date before the offer of the Nov 2018 tranche.

In previous postings in relation to the Singapore Savings Bonds, I have relied on charts to compare the returns among the different monthly tranches of the Singapore Savings Bonds. For this post, I did a comparison using a table, as above. Think and hope it will be more useful to you as a reference guide.

As you could notice from the chart, the more impressing feature of the Nov 2018 Singapore Savings Bonds tranche is its 1.80% return for the first year of holding. Apart from that, the returns are somehow only comparable or slightly better than the previous tranches of the Bonds. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.


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