Singapore Savings Bonds (SBAUG24) Interest Rates Projection

SSB projection splash

03 Jun 2024 (Updated: 28 Jun 2024)

The next SSB (SBAUG24) is projected to have a 10-year average return of 3.22% p.a. with interest rates from 3.19% (year 1) to 3.31% (year 10). If you invest $10,000 in this SSB, you are projected to earn a total interest of $3,220 over a period of 10 years.

We have reached the third (of three) projection milestone. At this stage, all business days in Jun 2024 have passed. The projected interest rates are final and will no longer be updated. The projected 10-year average return (3.22% p.a.) should be very close to the official one (differ by no more than 0.03%). SBAUG24's interest rates will be announced by MAS on 01 Jul 2024. Then, we will calculate the accuracy of our projection, move it to Past Projections, and begin projecting the following SSB.

You already know that the current SSB (SBJUL24) has a 10-year average return of 3.30% p.a. Why do you need to know the projected interest rate of the next SSB (SBAUG24)?

Knowing the interest rate of the next SSB before it is announced allows you to plan ahead and get the best return for your SSB investment.

For example, you might have limited amount of money to invest. If you know that the next SSB will have a higher return, you can confidently skip the current SSB and wait for the next one. Conversely, if the next SSB will have a lower return, you can proceed to purchase the current SSB without hesitation.

Projection is updated at the end of each business day. If you need to decide between current SSB (SBJUL24) and the next SSB (SBAUG24), check this page closer to current SSB's closing date (25 Jun 2024) when confidence of projection is higher.

SBJUL24 (Announced)

Opening Date
03 Jun 2024 Notify me
Closing Date
25 Jun 2024 Remind me
Allotment Date
26 Jun 2024 Notify me
Issue Date
01 Jul 2024
Year from issue date12345678910
Interest %3.263.263.263.263.263.263.293.383.423.42
Average return per year %3.263.263.263.263.263.263.263.283.293.30

SBAUG24 (Projected)

Confidence
99%Monitor
Opening Date
01 Jul 2024
Closing Date
26 Jul 2024
Allotment Date
29 Jul 2024
Issue Date
01 Aug 2024
Year from issue date12345678910
Interest %3.193.193.193.193.193.193.203.283.313.31
Average return per year %3.193.193.193.193.193.193.193.203.213.22

Projection is made based on the 1, 2, 5 and 10-year SGS benchmark yields. Calculations are made according to the SSB technical specifications (MAS), in a best-effort manner. The projected interest rates may differ from the actual ones which will be announced on 01 Jul 2024. You may also check the accuracy of our past projections.