Singapore Savings Bond September 2022 Oversubscribed: $13,500 Max Per Person

September 2022 Singapore Savings Bond allotment results are out: of the record $900 million offered, $1.9 billion was subscribed. The ceiling amount is $13,500.
Maximum of $13,500 allocated per individual
If you subscribed to $13,000 or less, you will get the amount you subscribed for.
Applications above this figure will get $13,000, and approximately 54.66% of such applications would get $13,500.
The rest of your funds will be refunded to you.

Get 5 free shares just by getting Webull and funding any amount! No trade required!
Alternatives
SSB has become very popular lately, becoming something that is increasingly common knowledge. Also creeping into public consciousness are t-bills and Singapore Government Securities bonds, both cousins of SSB and getting spillover attention owing to the constant oversubscription of SSBs of late. A sign of government bonds becoming mainstream, I was queuing for my laksa earlier and overheard a man asking his colleagues if they have bought t-bills.
Those are replacements for SSB somewhat, if you are okay with the tenures offered. Shorter-term investors may do very well with 6 or 12-month t-bills which have been almost 3% p.a. recently. Other alternatives also exist that you may consider:
Even shorter-term alternatives include Bonus$aver account (around one-month in tenure), while those with a longer horizon may want to look at Traded Endowment Policies. You can find more alternatives in the Savings page.
Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.
Subscribe to the channel, then join the group chat. You would often benefit from the tips exclusively shared in the group chat!
Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. None of the information here constitutes personal financial advice. Thank you for supporting my site!