The average interest rate of the new batch of savings bonds has dropped to 2.16% over 10 years | Lianhe Zaobao
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The latest batch of Singapore Savings Bonds (SSB) has seen the 10-year average interest rate drop to 2.16%, down from the previous 2.25%. The interest rate for the first year is 1.38%, higher than the previous 1.35%. The issuance amount is SGD 400 million, with the application deadline set for February 24, and results will be announced on February 25, with the official issuance date on March 2. The public can subscribe through local bank ATMs and online banking services, with a minimum subscription amount of SGD 500
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