Sunday 22 May 2016

SSB Interest Rate Estimates (Jun 16)

For an explanation of the statistics, please click here.
For the statistics of the last month, please click here.

SSB Rates for May0.90%0.95%1.57%1.94%
Avg SGS Yield for Apr0.90%0.95%1.58%1.94%
Avg SGS Yield for May (Todate)0.94%1.02%1.59%2.00%
Avg SGS Yield for May (Estimated)0.93%1.03%1.61%2.04%
Difference (Todate)0.04%0.07%0.01%0.06%
Difference (Estimated)0.03%0.08%0.03%0.10%

To compute a more updated estimate using the actual SGS yields after 20 May, you can refer to the SGS website for the daily SGS yields.

Applications for this month's SSB will close on 26 May (Thu) at 9pm.

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  1. Getting lower and lower each month

    1. Hi Rolf,

      That's correct. However, this month's yields show a slight increase after Fed indicated that there is possibility of a rate hike in Jun.