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....