{"id":3682,"date":"2026-11-02T17:48:04","date_gmt":"2026-11-02T09:48:04","guid":{"rendered":"https:\/\/www.wealthfor.us\/article\/?p=3682"},"modified":"2026-11-02T17:48:04","modified_gmt":"2026-11-02T09:48:04","slug":"singapore-savings-bond-ssb-dec-2026-10-year-avg-rate-declined-to-2-39","status":"publish","type":"post","link":"https:\/\/www.wealthfor.us\/article\/singapore-savings-bond-ssb-dec-2026-10-year-avg-rate-declined-to-2-39\/","title":{"rendered":"Singapore Savings Bond SSB Dec 2026: 10-Year Avg Rate Declined to 2.39%"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The latest SSB Dec 2026 <a href=\"https:\/\/www.mas.gov.sg\/bonds-and-bills\/auctions-and-issuance-calendar\/issuance-singapore-savings-bond?issue_code=GX26120A&amp;issue_date=2026-12-01\" target=\"_blank\" rel=\"noopener\">details<\/a> are out: <\/span><b>the first-year rate is 1.83%, and the 10-year average rate is 2.39%<\/b><span style=\"font-weight: 400;\">. We have finally broken the trend of increasing rates over the past several months. However, despite the lower 10-year average rate, this month&#8217;s first-year rate is much higher than last month\u2019s.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2>SSB Dec 2026 Details<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3685\" src=\"https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-Dec-2026.png\" alt=\"SSB Dec 2026\" width=\"1080\" height=\"1080\" srcset=\"https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-Dec-2026.png 1080w, https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-Dec-2026-300x300.png 300w, https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-Dec-2026-1024x1024.png 1024w, https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-Dec-2026-150x150.png 150w, https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-Dec-2026-768x768.png 768w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Although the 10-year average rate is slightly lower than last month\u2019s, this month\u2019s SSB Dec 2026 offering is still pretty decent because it offers a higher first-year rate. For those looking to park cash for the short to medium term, this month\u2019s offering can be a better opportunity than last month\u2019s.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given the Fed&#8217;s recent <\/span><a href=\"https:\/\/www.federalreserve.gov\/monetarypolicy\/files\/fomcminutes20260916.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">interest rate hikes<\/span><\/a><span style=\"font-weight: 400;\">, ongoing inflation, and global geopolitical uncertainty, rates may remain elevated in the near term.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Are you interested in this month\u2019s SSB offering? If so, please take note of the following application timeline:<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Opening date<\/span><\/td>\n<td><span style=\"font-weight: 400;\">02 Nov 2026, 6pm<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Closing date<\/span><\/td>\n<td><span style=\"font-weight: 400;\">25 Nov 2026, 9pm<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Allotment date<\/span><\/td>\n<td><span style=\"font-weight: 400;\">26 Nov 2026, after 3pm<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Issuance date<\/span><\/td>\n<td><span style=\"font-weight: 400;\">01 Dec 2026 (by end of day)<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2>Historical Rates Comparison<\/h2>\n<p><span style=\"font-weight: 400;\">With interest rates rising in recent months, how competitive are these SSB Dec 2026 rates?<\/span><\/p>\n<figure id=\"attachment_3686\" aria-describedby=\"caption-attachment-3686\" style=\"width: 872px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3686\" src=\"https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-interest-rate-history-Nov-2026.png\" alt=\"SSB interest rate history Nov 2026\" width=\"872\" height=\"426\" srcset=\"https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-interest-rate-history-Nov-2026.png 872w, https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-interest-rate-history-Nov-2026-300x147.png 300w, https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/SSB-interest-rate-history-Nov-2026-768x375.png 768w\" sizes=\"auto, (max-width: 872px) 100vw, 872px\" \/><figcaption id=\"caption-attachment-3686\" class=\"wp-caption-text\">Source: <a href=\"\/ssb-interest-rate-history\/\">SSB Interest Rates History<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The chart above shows the historical SSB interest rates over time. Rates were much higher in 2022-2024, with the average 10-year rates above the 3% mark. Even with the recent bump in interest rates, we are still nowhere near the rates of a few years ago.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That said, we might see better offerings if interest rates continue to rise in the coming months. However, it\u2019s hard to predict interest rates with certainty. Therefore, if you&#8217;re considering placing your cash in Singapore Savings Bonds (SSB), this month&#8217;s offering is certainly worth considering.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2>Futures Rates Projection<\/h2>\n<p><span style=\"font-weight: 400;\">As previously said, predicting futures interest rate movements is hard. However, we can still make an educated guess by following the Fed\u2019s interest rate policy. In its latest FOMC meeting, the Fed <\/span><a href=\"https:\/\/www.federalreserve.gov\/monetarypolicy\/files\/fomcminutes20260916.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">hiked interest rates by 25bps<\/span><\/a><span style=\"font-weight: 400;\">, thus officially ending its rate-cut campaign.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The market also has similar views to the Fed by expecting more rate hikes in the coming months:<\/span><\/p>\n<figure id=\"attachment_3687\" aria-describedby=\"caption-attachment-3687\" style=\"width: 440px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3687\" src=\"https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/Market-rates-expectation-Nov-2026.png\" alt=\"Market rates expectation Nov 2026\" width=\"440\" height=\"268\" srcset=\"https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/Market-rates-expectation-Nov-2026.png 440w, https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/Market-rates-expectation-Nov-2026-300x183.png 300w\" sizes=\"auto, (max-width: 440px) 100vw, 440px\" \/><figcaption id=\"caption-attachment-3687\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool\" target=\"_blank\" rel=\"noopener\">CME Group<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The market is even expecting another rate hike at the coming FOMC meeting in December, with an additional rate hike in 2027.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Should this projection hold, we can expect elevated rates in the coming months, in line with the broader interest rate environment.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Next Month\u2019s Rates<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">But what about the immediate next month\u2019s rates? We can make an educated guess for next month\u2019s SSB rates by tracking the yield on the 10-year Singapore government bond.<\/span><\/p>\n<figure id=\"attachment_3688\" aria-describedby=\"caption-attachment-3688\" style=\"width: 881px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3688\" src=\"https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/Singapore-government-bond-yield-Nov-2026.png\" alt=\"Singapore government bond yield Nov 2026\" width=\"881\" height=\"335\" srcset=\"https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/Singapore-government-bond-yield-Nov-2026.png 881w, https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/Singapore-government-bond-yield-Nov-2026-300x114.png 300w, https:\/\/cdn.wealthfor.us\/uploads\/2026\/11\/Singapore-government-bond-yield-Nov-2026-768x292.png 768w\" sizes=\"auto, (max-width: 881px) 100vw, 881px\" \/><figcaption id=\"caption-attachment-3688\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.worldgovernmentbonds.com\/\" target=\"_blank\" rel=\"noopener\">worldgovernmentbonds.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The chart shows that yield rose in the past few months but then declined throughout last month. This is why this month\u2019s SSB has lower rates than last month\u2019s SSB.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unfortunately, the chart doesn&#8217;t show a clear trend yet. Although the trend is down, it is hard to tell whether it will continue its current downtrend as global rates continue to stay elevated for a while.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can continue to monitor this 10-year bond yield through the end of the month for a more accurate prediction of the upcoming SSB rates.<\/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 the next ten years while still allowing monthly redemption with accrued interest. We have used SSB to park our short- to medium-term cash allocation since 2023, when rates were peaking.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given that rates for the SSB Dec 2026 issue are well below those of our holdings, we will not participate in this month&#8217;s allocation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What about you? Will you participate this month?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are interested in this month\u2019s SSB, you can follow our step-by-step guide on <\/span><a href=\"\/article\/how-to-buy-ssb\/\"><span style=\"font-weight: 400;\">how to buy SSB<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest SSB Dec 2026 details are out: the first-year rate is 1.83%, and the 10-year average rate is 2.39%. We have finally broken the trend of increasing rates over the past several months. However, despite the lower 10-year average rate, this month&#8217;s first-year rate is much higher than last month\u2019s. &nbsp; SSB Dec 2026&hellip; <a class=\"more-link\" href=\"https:\/\/www.wealthfor.us\/article\/singapore-savings-bond-ssb-dec-2026-10-year-avg-rate-declined-to-2-39\/\">Continue reading <span class=\"screen-reader-text\">Singapore Savings Bond SSB Dec 2026: 10-Year Avg Rate Declined to 2.39%<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":3690,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,102],"tags":[112],"class_list":["post-3682","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 v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Singapore Savings Bond SSB Dec 2026: 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