Remember the blog I published two years ago in January 2018?
Which blog?
This blog:
8 years AAA bond with 2.5% and 4% coupon!
I was referring to a AAA rated sovereign bond.
Know where to find such a bond?
Pause.
Pause.
Pause.
Regular readers will know that I was talking about the CPF, of course.
Guess what?
This "bond" is even more attractive to me now!
Why?
It is more attractive to me now because the tenor has shortened by 2 years and the coupons are still 2.5% and 4%!
Get the same coupons from the same bond but for a shorter tenor?
What an attractive deal!
You know what people say about Singaporeans loving to queue for deals?
Willing to join long queues to spend money on things like stuffed toys (think Hello Kitty) or mobile phones (think Huawei Y6 Pro)?
OMG!
These people are crazy!
Overnight queue for BTS Singapore concert merchandise?...