A Savings Bonds programme targeted at retail investors will be launched. Investors can put in a minimum of S$500, and in subsequent multiples of S$500 and hold the investments for ten years. The Savings Bonds’ interest rates will increase over time. Investors can opt for a monthly issuance of their money, or they can choose to withdraw all of their money any time; in both cases with no penalty and with the principal sum and any accrued interest. When I learnt of the announcement, I thought that the government has heard my proposed initiative to celebrate SG50 for retail investors (you can read the post here) . My proposal was to actually allow retail investors to purchase some blue-chip stocks at good discounted prices similar to the time the government has allowed retail investors to buy Singtel shares at good discounted prices. It seems that the government’s proposal is actually ......