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When is interest paid? When will I receive the interest payments?
- Interest is paid every 6 months, on the 1st business day of the month. The first interest payment will be made 6 months after you receive your Savings Bonds. As an example, for a Savings Bond that is issued on 1 Oct, the interest payments will be made on 1 Apr and 1 Oct (assuming they are business days) of each subsequent year for the next 10 years as long as you continue to hold the Savings Bond.
- Interest will be automatically paid to the following accounts:
- For cash subscriptions: your designated Direct Crediting Service (DCS) bank account. This is the bank account that is linked to your individual CDP Securities account.
- For SRS subscriptions: your SRS account.
This information is sourced from MAS.
Related questions
How will I receive interest payments?
How can I check how much interest I’m receiving from each of the Savings Bonds I hold?
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I have not received my interest payment. What should I do?
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What is accrued interest? How is the accrued interest calculated if I redeem my Savings Bond before it matures?
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