Shares & Derivatives
Update on Singapore Savings Bonds June 2016
By My Sweet Retirement  •  June 1, 2016
The effective return per year for Singapore Savings Bond fell to a low of 1.94% for June 2016 before recovering to 2.06% for July 2016. If you have followed my blog, you know that I have subscribed to October 2015 Singapore Savings Bond. I have received my first payout in April 2016. The next payout will be in October 2016. Besides the Singapore Savings Bond, I am curious whether there are other debt instruments with low risk and acceptable returns. After some searching, I found that there are various marketable debt instruments issued by the government, mainly being Bonds, Treasury Bill (T-bills) and of course the Singapore Savings Bond. From MAS website, the difference between T-bills and Bonds
T-bills are short-term securities that mature in one year or less from their issue date. T-bills are bought and sold at a price less than their face (par) value, ...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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