Singapore Savings Bond (SSB) is having their Latest Bond Promotion. Earn up to 1.75% p.a. with a minimum $500 in Sept 2019’s Singapore Savings Bond and many more.
Investment amount
- Minimum per bond: $50
- Maximum per bond: NONE
- Maximum individual holding: $400,000
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.
Investing in securities involves risks, and there is always the potential of losing moneywhen you invest in securities. You should review any planned financial transactions that may have tax or legal implications with your personal tax or legal advisor.
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.
Securities products are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S”, or “Merrill”), a registered broker-dealer, Member SIPC, and a wholly-owned subsidiary of Bank of America Corporation (“BofA Corp.”). MLPF&S makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates.
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. You may not get your investment amount back in full with 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 up to 50% 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: 2nd September 2019 to 25th September 2019
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
EverydayOnSales help brands connect with our community, the largest warehouse sales consumers database in Singapore. Advertise with EverydayOnSales Singapore.