Singapore Savings Bonds to be introduced; a new investment option for retail investor

[krafty]

By Mok Fei Fei

Singapore - A new type of government bonds will be introduced as part of the move to make low-cost investment options more widely available to retail investors.
The Singapore Savings Bonds (SSBs) will be launched by the government, announced Senior Minister of State for Finance and Transport Josephine Teo at an investment industry event on Thursday.
She said the SSB will be safe investments that are principal-guaranteed by the government, which means the initial outlay is protected.
A feature of the new product is that a bond-holder can get his money back in any month, with no penalty imposed.

 

[krafty]

Re: Singapore Savings Bonds to be introduced; a new investment option for retail inve

hopefully, 5% interest, dun give that kind maciam 1 to 2 % cheapskate coupon rate.

 

[gingerlyn]

Re: Singapore Savings Bonds to be introduced; a new investment option for retail inve

if it is 5%, we shall use our cpf money to buy