Singapore Savings Bond is having their Latest Bond Promotion. Earn up to 1.71% p.a. with a minimum $500 in Nov 2019’s Singapore Savings Bond and many more.
Investment amount
- Minimum per bond: $500
- Maximum per bond: NONE
- Maximum individual holding: $200,000
A safe and flexible way to save for the long term. Savings Bonds are a special type of Singapore Government Securities that is suitable for individuals. Your principal investment and interest payments are backed by the full faith and credit of the Singapore Government.
You will always get your principal back when investing in Savings Bonds. Once a Savings Bond is issued, interest rate changes will have no effect on the bond’s value.
They complement other savings and investments as a safe way to save for the long term.
- Safe – Savings Bonds are fully backed by the Singapore Government. In addition, you can always get your investment amount back in full with no capital losses.
- Long-term – Invest for up to ten years, with interest that increases over time. The longer you save, the higher your return.
- Flexible – Or, choose to exit your investment in any given month, with no penalties. There is no need to decide on a specific investment period at the start
At the end of each year, on a compounded basis.
For more info, click here
Date: 1st November 2019 to 26th November 2019
Operating hours:
- 7am to 9pm, Monday to Saturday, excluding Public Holidays.
- On the opening day of application, the hours are from 6pm to 9pm.
Apply Through: DBS/POSB, OCBC and UOB internet banking portals and ATMs, and OCBC’s mobile app; or the Supplementary Retirement Scheme (SRS) or through the internet banking portal of your SRS Operator
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