Saving & Spending
Singapore Savings Bonds(SSB) Details Out – Will Buy Sure Buy Confirm Must Buy!
By StockBrokerPlaysPoker  •  March 30, 2015
Details annouced at http://www.mas.gov.sg/News-and-Publications/Media-Releases/2015/Singapore-Savings-Bonds-for-Individual-Investors.aspx Reference to SGS daily prices here https://secure.sgs.gov.sg/fdanet/SgsBenchmarkIssuePrices.aspx Since 2007, we had nearly a decade of low interest rates... Uncles and Aunties have not been happy getting 1% on their fixed deposits. Yet they are also not sophisticated enough to tap into SGS which pay as high as 3%. I think MAS is finally moving in the right direction by bringing in this new product to retail investors. In short, I think that SSB is a superior product to SGS. This is because an investor holding SSB will be able to enjoy SGS returns plus the addition benefit of removing 2 major downsides, maturity risk and volatility. For an individual who purchases a 10 year SGS, the price of the bond may fluctuate up or down daily. If he has to cash out, he would have to sell to ......
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By StockBrokerPlaysPoker
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