Besides the regular monthly purchase of Singapore Savings Bonds, I have made no other buy or sell transactions. The effective interest rate for Singapore Savings Bonds is falling and I am expecting it to fall further. Fixed deposits are offering better interest rates as much as 1.7% p.a. for a 12 month fixed deposit but of course the minimum amount is much higher as compared to the minimum amount of S$500 for Singapore Savings Bonds.
I am looking forward to the preferential offering by Mapletree Commercial Trust. Today, I received the following notification:
Launch of Preferential Offering and Despatch of Instruction Booklet and ARE to Entitled Unitholders Pursuant to the Preferential Offering Instruction Booklet dated 30 October 2019 in connection with the Preferential OfferingIf you didn’t know yet, Mapletree Commercial Trust is acquiring MBC II and thus the preferential offering. Mapletree Commercial Trust currently makes up 9% of
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