2.44% September 2018 SSB issuance

The latest issuance of SSB for September is out!

Unfortunately, it seems that the government is unlikely to hand out more free money. The overall interest rates for SSB is falling, with even the first year rates not being as high as the previous allocation of 1.78%. I doubt the increased allocation of S$50mil would be fully allocated.

2.44% Sept SSB

Overall, if you already managed to grab a tranche of the SSB during the last August round, this current tranche would be unlikely excite you. Hopefully the next round would be better.

2018 Aug vs Sept SSB compare
Lower overall yield. Yield expectations seem to have tapered

Here is an incomplete list of the past SSB issuances.

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