The latest offering for Singapore Savings Bonds (SSB) has arrived with the Monetary Authority of Singapore (MAS) releasing the rates for January 2025. These bonds boast a first-year interest rate of 2.73% and a 10-year average rate of 2.86%, offering a slight uptick compared to the rates we saw last month. With the current trend of rate cuts, one might wonder if this could be one of the last chances to secure these attractive SSB rates for a while.
SSB January 2025 Details
It’s likely that many investors are welcoming the higher rates featured in this month’s offering, even as the US Federal Reserve continues its cycle of cutting rates. The appeal of a first-year rate at 2.73% and a 10-year average of 2.86% edges out the offerings from the previous three months.
If you’ve yet to max out your SSB allocations from this year or the previous, this particular bond issue might just be your golden opportunity. Those who’ve been holding out might find these rates particularly appealing.
Don’t forget to pay attention to the following application timeline to ensure you don’t miss out.
How Do These Rates Stack Up?
Let’s take a moment to compare these figures against the historical rates for SSBs over the last few years to gauge their competitiveness.
[Refer to SSB Interest Rate History for detailed comparison…]
