Shares & Derivatives
Singapore Savings Bonds Max Holding Limit is $100,000 for now. Apply via DBS, OCBC, UOB ATM
By Investment Moats  •  May 11, 2015
In March, MAS Announces of a custom bond that aims to help Singaporeans save money at a higher savings return. This afternoon, they release more information on how to purchase it, how much you can purchase each time, and the max limit which you can hold. Announcement here on CNA> I wrote about this in the past:
  1. This Singapore Savings Bonds: Liquidity, Higher Returns and Government Backing. Dream?
  2. More details of the Singapore Savings Bond. Looks like my Emergency Fund now
To summarize, the bond is
  • of good rating since it is backed by Singapore Government which has high ratings
  • a buy back principal protection put, which you can sell at any month
  • you will know the various duration returns should hold it for various duration at the point of issuance
All this point to my point that while, it is not as liquid as cash savings account, but it ......
Read the full article
By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance