Difficulty: Moderate Reason 1: Higher Leverage Reason 2: Much lower minimum of S$50K versus S$250K Reason 3: No Forex Spread Bond CFDs vs. Buying Bonds Directly How to get started on Bond CFDs + Link for up to S$450 in Credits Bond CFDs are financial instruments offered by brokerage firms. Each Bond CFD uses a particular bond as its reference asset. CFDs stand for “Contract for Difference” as the capital return of the instrument is the difference in the open and closing prices of the reference bond. This difference is settled in cash and there is no physical delivery of any bonds when trading CFDs. Bond CFDs are tied to the returns of the reference bond in two major ways. First, the difference in the reference bond price when you buy versus sell the CFDSecond, the coupons that the reference bond is paying These...