The application deadline is 9 pm on June 25th, and the subscription results will be announced after 3 pm on June 26th, and will be officially issued on July 1st.
The Monetary Authority of Singapore (MAS) announced on Monday that the first-year interest rate of the new batch of savings bonds is 2.06%, lower than the previous batch of 2.20%.
The latest batch of Singapore Savings Bonds (SSBs) to be issued on July 1, with an average 10-year interest rate of 2.49%, lower than the previous batch of 2.56%. Applications will be accepted at 6 pm on Monday (June 2).
The sales of savings bonds issued in July were 400 million yuan, down from 500 million yuan in June.