Wednesday 29 March 2023

3.15% SSB GX23040S

I applied for $50k of this month's 3.15% SSB and got fully allocated. It was slightly oversubscribed and the cutoff was $69k. 

Next month's SSB is likely to have a lower interest rate but still above 3% so that may be my last SSB application as I am close to the $200k ceiling already.

I have one more 2.71% SSB that I could redeem if rates remain above 3%, but I'll wait and see (i.e. redeem and apply - apparently you can do it in the same month and you won't be disqualified for being over the quota)


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