Friday, December 2, 2022
HomePassive Income3.47% 10 yr common yield! SSB beats CPF once more!

3.47% 10 yr common yield! SSB beats CPF once more!


A brief weblog to say I shall be diverting cash put aside for voluntary contribution to my CPF account in 2023 to Singapore Financial savings Bond (SSB) once more.

With a ten yr common yield of three.47%, the newest spherical of SSB soundly beats the typical return of three% I might get from the CPF for doing voluntary contribution to my OA and SA.

In case you are concerned with how I arrived at this conclusion, see:

CPF or Singapore Financial savings Bond?




I anticipate this spherical of SSB to be oversubscribed once more with its document beating 10 yr common yield.

The final spherical of SSB was 2.44x oversubscribed and even when no new funds joined the fray, this spherical of SSB could be 1.44x oversubscribed if solely unsuccessful funds from the final spherical reapplied.

So, I will not be shocked if my software is partially crammed once more.

$10,000 once more?

Perhaps.





Nicely, I’ll solely be making use of for $28,000 this time since I acquired $10,000 the final time.

If a few of my cash will get refunded, it won’t be a nasty factor as the ultimate spherical of SSB in December may provide a good larger 10 yr common yield.

Hmm.

Perhaps, I ought to hedge. 

I ought to apply for $14,000 this time and apply for $14,000 in December.

OK.

Feels like a plan to me. 

Good luck to us all.

Lately revealed:
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Associated submit:
Singapore Financial savings Bond 2.44x oversubscribed.




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