Frustrated with the relatively low ceiling amounts of Singapore Savings Bonds (SSB)? Here are some alternatives that are relatively low risk which can also get you some returns including SGS bonds, t-bills, fixed deposits, insurance products and more!
Note that while the alternatives mentioned here are relatively low risk, their risk levels can be quite different from SSB. Like SSB, SGS bonds and t-bills are backed by the Singapore government. The guaranteed portions of insurance products depend on the creditworthiness of the insurer. Cash management accounts have no guarantees. Do your own due diligence before taking up any financial product!
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