The 10-year average interest rate of 3.07% offered by the latest SSB is above the historical average. The interest rate received in each year of holding the SSB is shown below. Total amount of SSBs you can hold at any one time cannot exceed S$200,000 Minimum of S$500, and in multiples of S$500.

Subsequent payments (until maturity): Every 6 months on 1 Jan and 1 Jul Interest payment will be reflected as CDP-SBJAN24 in your bank statement If you hold the SSB for 10 years, you will receive an average interest rate of 3.07% per annum. In the latest issuance of the SSB (SBJAN24 GX24010F), you will receive an interest rate of 3.0% for one-year. What is the interest rate on the latest SSB?

If you are looking to park your money for the short term, then T-bills and fixed deposit accounts might also be a good alternative.

SSB offer an attractive option to lock in long-term interest rates while offering flexibility of redeeming with no penalty.

Singapore Savings Bonds (SSB) provide you with a simple and low-cost way to generate safe returns.

Looking for some fixed deposit options? Check out some of the best deposit rates here. This promotion is not available for placements via Supplementary Retirement Scheme (SRS) funds. For deposits above S$1 million, please contact OCBC at 18 or visit any OCBC Bank branch. The maximum placement amount for all the above Time Deposit promotions is S$999,999 or equivalent. The minimum placement amount for the above SGD promotion is S$20,000. Currencyīranch (using CPF Ordinary Account Funds) Visit any OCBC Bank branch to make a placement now. You can now place a SGD Time Deposit with your CPF Ordinary Account funds. Rates for 360 customers or online placement Enjoy promotional rates on SGD and USD Time Deposits when you sign up online. Lock in your fortune for extra abundance.

CNY Exclusive Time Deposit Rates for 360 Customers

Secure tomorrow’s gains by taking action today. With secured returns come greater peace of mind.

Ocbc fixed deposit rate april 2023