SG Talk

https://www.mas.gov.sg/bonds-and-bills/S...ings-Bonds


I suspect it could be that the overwhelming demand for August has an impact.

Shorter term is up. 10 yr avg is down.

Still good. In fact better than Aug.

Aiyah, because of wicked witch visit to Twn,

Many cuntries will reduce their interest rate

like this interesting meh?

(02-08-2022, 12:56 PM)Lukongsimi Wrote: [ -> ]First few years rate are better than previous  3% interest rate.

Only the first year of 2.63% is better than August's bonds' 2%. Subsequent years are all worse. Second year onwards, the August bond's interest rate is 2.86%. This coming September bond's 2nd year interest rate is only 2.71%. And it stays at 2.71% until the 5th year while the August bond's interest gradually increases to 3.16% in the 5th year.

(02-08-2022, 01:22 PM)Levin Wrote: [ -> ]Only the first year of 2.63% is better than August's bonds' 2%. Subsequent years are all worse. Second year onwards, the August bond's interest rate is 2.86%. This coming September bond's 2nd year interest rate is only 2.71%. And it stays at 2.71% until the 5th year while the August bond's interest gradually increases to 3.16% in the 5th year.

Just checked, this coming Sep bond is even worse than the July bonds in a similar way. 2nd year onwards worse than July bonds. But overall, it is still better than July bond as the first year's difference is huge and from year 8 onwards, the sep bond has higher interest rate than July bond.

(02-08-2022, 01:22 PM)Levin Wrote: [ -> ]Only the first year of 2.63% is better than August's bonds' 2%. Subsequent years are all worse. Second year onwards, the August bond's interest rate is 2.86%. This coming September bond's 2nd year interest rate is only 2.71%. And it stays at 2.71% until the 5th year while the August bond's interest gradually increases to 3.16% in the 5th year.

Aug SSB second year is 2.86% while Sep SSB sec year is 2.71.Only 1
month better. so Aug is better 3rd year 3..%.

(02-08-2022, 04:46 PM)Lukongsimi Wrote: [ -> ]Aug SSB second year is 2.86% while Sep SSB sec year is 2.71.Only 2 months are better. so Aug is better 3rd year 3..%.

But by 3rd year, banks may have increased rates further. Better to get higher returns earlier. Anyway can only get small allotment. No much difference.

(02-08-2022, 04:58 PM)RichDad Wrote: [ -> ]But by 3rd year, banks may have increased rates further. Better to get higher returns earlier. Anyway can only get small allotment. No much difference.

Oct SSB might drops further to maybe 2.5%..ya small allotment depends on numbers of applicants n sum offered.

Hong Leong now 2.33% percent and still got rooms for going up......

2.8% is not a good sign for Bonds.

(02-08-2022, 04:46 PM)Lukongsimi Wrote: [ -> ]Aug SSB second year is 2.86% while Sep SSB sec year is 2.71.Only 1
month better. so Aug is better 3rd year 3..%.

Yes, that's exactly what I have stated. The Sep SSB is inferior to Aug SSB.

(02-08-2022, 05:14 PM)Huliwang Wrote: [ -> ]Hong Leong now 2.33% percent and still got rooms for going up......

Hong Leong is 2.43% for 30 months, 2.33% for 21 months and 2.23% for 18 months. 

https://www.hlf.com.sg/personal/promotio...gapore.php

(03-08-2022, 06:40 AM)Levin Wrote: [ -> ]Hong Leong is 2.43% for 30 months, 2.33% for 21 months and 2.23% for 18 months. 

https://www.hlf.com.sg/personal/promotio...gapore.php

2.43 for 30 months is for gong kia

can someone explains how such measly int can fight inflation
if it is as int falls price of Bonds increase i can understand

intermission

(03-08-2022, 07:07 AM)singlon Wrote: [ -> ]can someone explains how such measly int can fight inflation
if it is as int falls price of Bonds increase i can understand

ah seow, SSB interests are transparent. if you feel they're good, you buy...if interest rates go up further, you just sell your SSB (no loss capital and interest part thereof)..thats how you play SSB..

(03-08-2022, 10:36 AM)lylcnn Wrote: [ -> ]ah seow, SSB interests are transparent. if you feel they're good, you buy...if interest rates go up further, you just sell your SSB (no loss capital and interest part thereof)..thats how you play SSB..

But it takes 1 month to get your capital back, right? So must have spare float to switch play.

(03-08-2022, 10:39 AM)RichDad Wrote: [ -> ]But it takes 1 month to get your capital back, right? So must have spare float to switch play.

Anyway they allot you 9K only per month.....

(03-08-2022, 10:43 AM)lylcnn Wrote: [ -> ]Anyway they allot you 9K only per month.....

Not really per month lah. Only for Aug 2022 bond. Think it is the lowest record. Usually allocation is much higher but then that was during those low interest years which is since the birth of SSB as we have low interest rates since the US Subprime Mortgage Crisis in 2008.

QE to infinity has died ah seow
look like ahGong