* 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.
* 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.