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Savings Bonds · November 2026

Singapore Savings Bonds (SSB) interest rates — November 2026

Pays 1.67% if you hold one year, up to 2.45%/yr over ten. Government-backed, redeem any month with no penalty. Apply by 27 Oct 2026.

Applications open · closes in 7 days
1.67%
First-year interest — what you earn if you hold one year
Hold longer and it steps up to 2.45%/yr averaged over the full 10 years.
Issue GX26110X · issued 02 Nov 2026 · apply by 27 Oct 2026
Min S$500 Max S$200,000 cap Redeem anytime, no penalty SG-Government backed Interest paid every 6 months

Apply via DBS/POSB, OCBC or UOB (internet banking / ATM) or with SRS funds — the rate is the same at every bank (set by MAS). Prefer a fixed 6–12 month rate you can also buy with CPF? Compare the latest Singapore T-bill rates or bank fixed deposit rates.

Calculate what you'd earn
Total interest
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Average return
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per year over the period

Based on the current issue (GX26110X). Interest is paid out every 6 months; figures assume you hold the whole period and don't reinvest the coupons.

Look ahead
Next month looks higher
Projected ~1.78% first-year · tap for detail
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Projection · Oct 2026 SGS yields · 13 trading days so far
Projected 1st-year
~1.78%
now 1.67%
Projected 10-yr average
~2.43%
≈ about the same as the 2.45% now

Projected average return by holding period: 1yr ~1.78% · 2yr ~1.93% · 5yr ~2.19% · 10yr ~2.43%. The next issue's applications open around early Nov 2026, when MAS confirms the final rate. This is an estimate from SGS benchmark yields (MAS sets SSB rates from the prior month's average yields) — not an official figure.

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Thinking of redeeming your bond to buy this month's? Usually you shouldn't — here's the honest math for the bond you hold.

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The detail
Interest rate step-up
Year 1 1.67% → Year 10 3.08%
▸
If you hold…Interest that yearAverage return / year
Year 11.67%1.67%
Year 22.00%1.83%
Year 32.19%1.95%
Year 42.35%2.05%
Year 52.49%2.13%
Year 62.61%2.21%
Year 72.70%2.27%
Year 82.79%2.33%
Year 92.91%2.39%
Year 103.08%2.45%

The longer you hold, the higher the rate — that's the SSB "step-up". Average return is what you'd earn per year if you redeem at the end of that year.

SSB rate trend
3-year history · 1-yr & 10-yr average
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10-year average return1st-year interest
3.4% 1.3% Dec 2023 Nov 2026
Recent issues
Last 12 months of rates & take-up
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Issue1-yr10-yr avgApplied / offeredCut-off
Nov 2026GX26110X 1.67% 2.45% — S$0.00 1-yr 1.67% · just opened
Oct 2026GX26100Z 1.65% 2.32% S$243m / 400m S$0.20 1-yr 1.65% · S$243m / 400m applied
Sep 2026GX26090V 1.52% 2.25% S$251m / 400m S$0.20 1-yr 1.52% · S$251m / 400m applied
Aug 2026GX26080T 1.46% 2.06% S$197m / 300m S$0.20 1-yr 1.46% · S$197m / 300m applied
Jul 2026GX26070F 1.46% 2.11% S$243m / 300m S$0.20 1-yr 1.46% · S$243m / 300m applied
Jun 2026GX26060N 1.46% 2.11% S$202m / 300m S$0.20 1-yr 1.46% · S$202m / 300m applied
May 2026GX26050H 1.40% 2.14% S$244m / 300m S$0.20 1-yr 1.40% · S$244m / 300m applied
Apr 2026GX26040E 1.36% 1.99% S$169m / 300m S$0.20 1-yr 1.36% · S$169m / 300m applied
Mar 2026GX26030W 1.38% 2.16% S$193m / 400m S$0.20 1-yr 1.38% · S$193m / 400m applied
Feb 2026GX26020S 1.35% 2.25% S$316m / 400m S$0.20 1-yr 1.35% · S$316m / 400m applied
Jan 2026GX26010A 1.33% 1.99% S$211m / 300m S$0.20 1-yr 1.33% · S$211m / 300m applied
Dec 2025GX25120E 1.35% 1.85% S$179m / 400m S$0.20 1-yr 1.35% · S$179m / 400m applied
Latest allotment result
Fully allotted · 61% subscribed
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Fully allotted
Applications
S$243m
of S$400m offered · 61% subscribed
Outcome
Everyone got their full amount
no balloting

Issue GX26100Z · Oct 2026. The last 19 issues were all fully allotted — recently, a full application has been getting filled in full.

Data from the Monetary Authority of Singapore (MAS), updated each issue. Not financial advice — see disclaimer.

Common questions

Quick answers on the November 2026 Savings Bond — tap a question.

+What is the Singapore Savings Bond interest rate for November 2026?
The November 2026 issue (GX26110X, issued 02 Nov 2026) pays 1.67% in the first year and a 2.45% average return per year if held for the full 10 years.
+What is the SSB interest rate right now?
Right now the latest Singapore Savings Bond (GX26110X, for November 2026) pays 1.67% if you hold for one year, stepping up to a 2.45% average return per year if you hold the full 10 years. This page updates automatically with every new MAS issue, so it always shows the current rate.
+Is there a cap on how much SSB I can hold?
Yes. Each individual can hold up to S$200,000 of Singapore Savings Bonds in total across all issues. You apply in multiples of S$500 (minimum S$500), and since you can redeem any amount early with no penalty, the S$200,000 limit is the only real cap.
+How does the SSB step-up interest work?
SSB interest "steps up" the longer you hold. This issue starts at 1.67% in year 1 and rises to 3.08% in year 10, so your average return grows from 1.67% to 2.45% per year over the 10 years.
+How do I buy Singapore Savings Bonds?
Apply through DBS/POSB, OCBC or UOB internet banking or ATM, or with your SRS funds. Minimum S$500, in multiples of S$500, up to the individual holding cap of S$200,000 in total. Applications usually close on the 4th-last business day of the month.
+Is SSB better than a T-bill or fixed deposit?
It depends on your timeframe. SSBs are the most flexible — redeem in any month with no penalty and the rate steps up the longer you hold — which suits money you may need back. A Singapore T-bill or a bank fixed deposit usually locks a higher rate for a fixed 6–12 months, but your money is tied up. If you want the highest guaranteed short-term rate and can commit, compare T-bills and fixed deposits; if you want flexibility, SSB wins.
+Can I withdraw my Savings Bond early?
Yes. You can redeem in any month with no penalty and get your full principal back plus any accrued interest — one reason SSBs are considered very low risk. They are fully backed by the Singapore Government.
+How is SSB interest paid?
Interest is paid every 6 months into your bank account, starting six months from the issue date.