The SSB Nov 2019 tranche has fallen by another 2 basis points from the month before, now returning 1.62% p.a. for the first 3 years. Interest rates are so low that I’m stifling a yawn right now. Actually, I might not continue writing SSB posts anymore if this downtrend continues, since nobody would be interested in reading about SSB in this environment.
Fortunately, I’m one of the few lucky ones to be allocated some Lendlease REIT in the IPO results announced this evening. Something, anything, to help boost portfolio yields a little! See https://financialhorse.com/lendlease-ipo-ballot for the results of the ballot.