I understand that we Singaporeans always want to have the best deals. Starting from the previous post about Singapore Savings Bond, I will be posting comparison of whether to buy into the latest or the upcoming issue.

Before we do any comparison, let’s do a recap how MAS derives the rates for SSB using the full month SGS rate.

SSB rates are derived by doing an average on the respective daily SGS benchmark yields from the month before the public notice of issuance. The bottom of the screenshot shows the average rate for the month of December.

dec 2018 rates

Looking at both screenshots, you can easily tell the rates for 5th and 10th year. Remember