December 2019 Singapore Savings Bond
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| Average interest per annual for 1-year and 10-year period |
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| Other Issues of SSBs Compared to Dec 2019 Issue |
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| Dec 2019 Issue |
Details on this month SSB can be found on SGS website.
Without any surprises, the rates for SSBs continued to slide. The 10-year interest rate has dropped to the lowest since inception which is at 1.71%. Does the economy really looks so bleak in the future? There are no plans to add SSB in the near term.
There was also no action on the stock market for me, as I am just waiting to apply for Ascendas REIT rights next week. Separately, I have received new units for Mapletree Commercial Trust PO this week. I was allocated for all my application which came as a surprise as I thought the subscription result was quite good. Although the open market price of MCT dropped below the PO price briefly, the price has since recovered and there were still unrealized gains at the moment.
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