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Is the 30-year green SGS bond worth investing in?
By Beansprout  •  May 25, 2024
Applications for the 30-year green SGS bond offering a yield of 3.3% p.a. will close on 27 May. What happened? There seems to be more options for us to earn a higher yield on our savings these days. Many investors have been putting their money into the 6-month T-bill and 12-month T-bill, driving demand to record high levels in recent months. The latest SSB issuance which offers a 10-year average return of 3.33% per year has also caught the attention of many investors. More recently, the 30-year green SGS bond (NA24300E) offering a yield of 3.30% p.a. was opened to retail investors. As there were several questions about this bond issuance in the Beansprout community, I shall take a deeper look at the 30-year green SGS bond to find out if it might be worthwhile applying for. Source: MAS What is the Green SGS (Infrastructure) bond? Green bonds are bonds issued by the government to finance major, long term green infrastructure projects....
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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