The effective interest rate for the SSB SBMAR25 GX25030N is positioned at 2.97% if held for a decade. This month’s offering of the Singapore Savings Bond (SSB) has shown a recovery, climbing 0.15% from the 2.82% that was available with the SBFEB25. Notably, this yield surpasses the 2.95% per annum provided by the Singapore Treasury Bills (SGS T Bills) BY25100H. Known for their safety, Singapore Savings Bonds are an attractive option for investors who are cautious about risks but keen on growing their savings over the years. The longer you hold onto these bonds, the more lucrative the returns become. Individuals can invest up to S$200,000, including both cash and SRS funds.
### Understanding Singapore Savings Bonds
Singapore Savings Bonds are a special type of government bond issued by the Monetary Authority of Singapore.