April 2019 SSB 2.16% for 10 year and 1.96% for 1 year

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No place to park your excess funds and want a flexible place to park while gaining a decent yield. SSB is the place for you to park your funds.


April 2019 SSB give an average interest rate of 2.16% over the next 10 years and can be applied thru DBS/POSB, OCBC and UOB ATMs and Internet Banking.
This bond will be reflected as “ SBAPR19 GX19040X ” in your CDP statement or “GX19040X” in your SRS statement and “ CDP-SBAPR19 ” in your bank statement.

The 1st interest payment will be made on 1 Oct 2019, and subsequently every six months on 1 Oct and 1 Apr every year.

If you invest $1000, you will receive $218 in interest if you hold the bond till maturity in 2029.

Yearly and average interst rate as below.

Apr 19 SSB

Past Month SSB Rates

Mth

Yr 1

Yr 2

Yr 3

Yr 4

Yr 5

Yr 6

Yr 7

Yr 8

Yr 9

Yr 10

Yearly Average

Jan-19
2.01
2.14
2.25
2.35
2.45
2.53
2.62
2.7
2.79
2.9
2.45
Feb-19
1.98
1.981.98
2.092.162.212.32.382.462.532.2
Mar-191.951.951.972.052.132.202.302.392.482.552.18
Apr-191.961.961.962.052.122.172.262.352.432.492.16

Author: The Financial Guy

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