{"id":3358,"date":"2025-12-01T17:21:34","date_gmt":"2025-12-01T09:21:34","guid":{"rendered":"https:\/\/www.wealthfor.us\/article\/?p=3358"},"modified":"2025-12-01T17:21:34","modified_gmt":"2025-12-01T09:21:34","slug":"singapore-savings-bond-ssb-jan-2026-10-year-average-rate-climbed-to-1-99","status":"publish","type":"post","link":"https:\/\/www.wealthfor.us\/article\/singapore-savings-bond-ssb-jan-2026-10-year-average-rate-climbed-to-1-99\/","title":{"rendered":"Singapore Savings Bond SSB Jan 2026: 10-Year Average Rate Climbed to 1.99%"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The latest SSB Jan 2026 (SBJAN26 GX26010A) has been <\/span><a href=\"https:\/\/www.mas.gov.sg\/bonds-and-bills\/auctions-and-issuance-calendar\/issuance-singapore-savings-bond?issue_code=GX26010A&amp;issue_date=2026-01-02\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">released<\/span><\/a><span style=\"font-weight: 400;\">: <\/span><b>the first-year rate is 1.33%, <\/b><span style=\"font-weight: 400;\">and<\/span><b> the ten-year average rate is 1.99%<\/b><span style=\"font-weight: 400;\">. Great, this is the second month the rate has climbed after months of declining rates. Should we consider this month\u2019s SSB given that we are in the midst of a rate-cut cycle?<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2>SSB Jan 2025 Details<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3359\" src=\"https:\/\/www.wealthfor.us\/article\/wp-content\/uploads\/2025\/12\/SSB-Jan-2026.png\" alt=\"SSB Jan 2026\" width=\"1080\" height=\"1080\" srcset=\"https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Jan-2026.png 1080w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Jan-2026-300x300.png 300w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Jan-2026-1024x1024.png 1024w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Jan-2026-150x150.png 150w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Jan-2026-768x768.png 768w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Great news for investors, this is another month of higher SSB rates, yay! After months of declining rates, we finally see a reversal of this trend. The first-year rate is still slightly lower at 1.33%, while the 10-year average jumped to 1.99%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the increase, investors should still be aware that we are already in the middle of a rate-cut cycle, which may continue to put downward pressure on rates in the coming months.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Are you interested in this SSB Jan 2025 offering? If so, please take note of the following application timeline:<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3360\" src=\"https:\/\/www.wealthfor.us\/article\/wp-content\/uploads\/2025\/12\/SSB-Jan-2026-Application-Timeline.png\" alt=\"SSB Jan 2026 Application Timeline\" width=\"1212\" height=\"210\" srcset=\"https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Jan-2026-Application-Timeline.png 1212w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Jan-2026-Application-Timeline-300x52.png 300w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Jan-2026-Application-Timeline-1024x177.png 1024w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Jan-2026-Application-Timeline-768x133.png 768w\" sizes=\"auto, (max-width: 1212px) 100vw, 1212px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>Competitiveness<\/h2>\n<p><span style=\"font-weight: 400;\">Although the 10-year rate is higher than last month\u2019s rate, how does it compare historically?<\/span><\/p>\n<figure id=\"attachment_3361\" aria-describedby=\"caption-attachment-3361\" style=\"width: 653px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3361\" src=\"https:\/\/www.wealthfor.us\/article\/wp-content\/uploads\/2025\/12\/SSB-Interest-Rate-History-Dec-2025.png\" alt=\"SSB Interest Rate History Dec 2025\" width=\"653\" height=\"433\" srcset=\"https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Interest-Rate-History-Dec-2025.png 653w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/SSB-Interest-Rate-History-Dec-2025-300x199.png 300w\" sizes=\"auto, (max-width: 653px) 100vw, 653px\" \/><figcaption id=\"caption-attachment-3361\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.wealthfor.us\/article\/ssb-interest-rate-history\/\">SSB Interest Rates History<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">We can observe from the chart that SSB rates have been much higher over the past few years, but have been in a massive downtrend since the start of this year. Based on this observation, unfortunately, the current rates are not competitive historically.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2>Future Rates Projection<\/h2>\n<p><span style=\"font-weight: 400;\">How about future rates? Although it is impossible to predict with certainty, we can still make an educated guess by following the <\/span><a href=\"https:\/\/www.cnbc.com\/2025\/11\/19\/fed-minutes-october-2025.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">guidance from the latest Fed\u2019s FOMC meeting<\/span><\/a><span style=\"font-weight: 400;\">. Previously, the Fed had been projecting a rate cut at the upcoming December FOMC meeting, but has recently cast doubt on the cut amid sticky inflation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The market seems to agree with the Fed\u2019s assessment and also projects a rate cut this coming December, with more rate cuts next year.<\/span><\/p>\n<figure id=\"attachment_3362\" aria-describedby=\"caption-attachment-3362\" style=\"width: 527px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3362\" src=\"https:\/\/www.wealthfor.us\/article\/wp-content\/uploads\/2025\/12\/Market-rate-expectation-Dec-2025.png\" alt=\"Market rate expectation Dec 2025\" width=\"527\" height=\"425\" srcset=\"https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/Market-rate-expectation-Dec-2025.png 527w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/Market-rate-expectation-Dec-2025-300x242.png 300w\" sizes=\"auto, (max-width: 527px) 100vw, 527px\" \/><figcaption id=\"caption-attachment-3362\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noopener\">CME Group<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Should this projection hold, we can expect SSB rates to decline at the same pace as these rate cuts.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">How about Next Month\u2019s Rate?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To make an educated guess for next month\u2019s SSB rates, we can look at the movement of the Singapore government 10-year bond yield. SSB rates typically track this yield movement.<\/span><\/p>\n<figure id=\"attachment_3363\" aria-describedby=\"caption-attachment-3363\" style=\"width: 832px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3363\" src=\"https:\/\/www.wealthfor.us\/article\/wp-content\/uploads\/2025\/12\/Singapore-government-10-year-bond-yield-dec-2025.png\" alt=\"Singapore government 10-year bond yield dec 2025\" width=\"832\" height=\"333\" srcset=\"https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/Singapore-government-10-year-bond-yield-dec-2025.png 832w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/Singapore-government-10-year-bond-yield-dec-2025-300x120.png 300w, https:\/\/cdn.wealthfor.us\/uploads\/2025\/12\/Singapore-government-10-year-bond-yield-dec-2025-768x307.png 768w\" sizes=\"auto, (max-width: 832px) 100vw, 832px\" \/><figcaption id=\"caption-attachment-3363\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.worldgovernmentbonds.com\/\" target=\"_blank\" rel=\"noopener\">worldofgovernmentbonds.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">We can observe from the chart that the rates have been declining, but recently saw a slight bump. The good news is that we continue to see bond yields rise. Should this trend persist, we can expect a slight increase in next month\u2019s rates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We are still early in the month, so rates may continue to move up and down throughout the month, so please take this guess with a grain of salt \ud83d\ude42<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2>What Do We Do?<\/h2>\n<p><span style=\"font-weight: 400;\">We love SSB because it lets us lock in rates for up to 10 years while still allowing monthly redemptions with accrued interest.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We allocate our short- and medium-term cash to SSB to benefit from higher rates while retaining the flexibility to redeem monthly without penalty. We also migrated all our T-bills into SSB last year to lock in higher rates for much longer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because this SSB Jan 2026 does not offer better rates than our current holdings, we will not be participating in this month\u2019s SSB.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Will you be participating in this month\u2019s SSB? If so, follow our step-by-step <\/span><a href=\"https:\/\/www.wealthfor.us\/article\/how-to-buy-ssb\/\"><span style=\"font-weight: 400;\">guide to buying SSB<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest SSB Jan 2026 (SBJAN26 GX26010A) has been released: the first-year rate is 1.33%, and the ten-year average rate is 1.99%. Great, this is the second month the rate has climbed after months of declining rates. Should we consider this month\u2019s SSB given that we are in the midst of a rate-cut cycle? &nbsp;&hellip; <a class=\"more-link\" href=\"https:\/\/www.wealthfor.us\/article\/singapore-savings-bond-ssb-jan-2026-10-year-average-rate-climbed-to-1-99\/\">Continue reading <span class=\"screen-reader-text\">Singapore Savings Bond SSB Jan 2026: 10-Year Average Rate Climbed to 1.99%<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":3366,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,102],"tags":[112],"class_list":["post-3358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fixed-income","category-singapore","tag-ssb","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Singapore Savings Bond SSB Jan 2026: 10-Yr Avg Rate at 1.99%<\/title>\n<meta name=\"description\" content=\"SSB Jan 2026 offers a higher 10-year avg rate. 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