Singapore Savings Bond

Discussion in 'Other Investments' started by petey, Dec 10, 2015.

  1. petey

    petey Active Member Silver Stacker

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    * AAA Rated - 100% backed by the Singapore Government, compared to the $50,000 Deposit Insurance Scheme if you have it in the banks
    * Denominated in SGD very low currency risk
    * Hold to maturity of 10 years and get the total return similar to a 10 years Singapore Government Securities (SGS)
    * Do not hold to maturity and get the total return similar to an equivalent holding period of a SGS.
    * You do not need to decide how long to hold from the onset.
    * You can liquidate every month (i.e. monthly dealing) and sell it back to the Monetary Authority of Singapore without penalty. You even get back your accrued interest.
    * If you liquidate, you get back your principal. No price risk, no duration risk.
    * Low entry level: Minimum $500 in blocks of $500.

    http://www.sgs.gov.sg/savingsbonds.aspx

    This could be an excellent deal for retirees in the current market.
     
    petey, Dec 10, 2015
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  2. long88

    long88 Member

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    the only unknown is inflation and currency fluctuation risk.
     
    long88, Dec 11, 2015
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  3. Ouch

    Ouch Active Member

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    Ouch, Dec 11, 2015
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  4. petey

    petey Active Member Silver Stacker

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    Good comments in that link - all over the shop. Similar to a thread on here! hahah
     
    petey, Dec 11, 2015
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