Key Features of Singapore Savings Bonds:
We take a closer look at key features of Singapore savings bonds for Singaporean retail investors in Singapore. These key features of Singapore savings bonds are explained in the Fact Sheet provided by the Monetary Authority of Singapore.
Key Features of Singapore Savings Bonds:
(1) Principal guaranteed
You will always get your investment amount back in full - no capital losses.
(2) Invest for the long-term
You can invest for up to 10 years and earn interest that “step-up” or increases over time. The longer you hold your bond, the higher your return.
(3) Flexible redemption
You don’t have to decide upfront how long you want to be invested. Get your funds back within a month, with no penalty.
Other Key Features of Singapore Savings Bonds Details:
Eligibility
Individuals only
Term
10 years
Interest
Paid every 6 months
At issuance, rates are fixed based on the prevailing SGS yields and locked in for each issue
Issuance
Monthly
Redemption
Monthly, with no penalty
Principal and any accrued interest will be paid
Investment amount
Minimum of $500, and subsequent multiples of $500 up to a cap to be announced
Non-tradable
Savings Bonds are non-marketable securities and cannot be bought or sold in the secondary market
