Singapore Savings Bond

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#9
some details from MAS here, more will probably only come closer to launch: http://www.mas.gov.sg/News-and-Publicati...stors.aspx

interest to be paid every 6 mths: http://www.mas.gov.sg/~/media/resource/n...0Bonds.pdf

(30-03-2015, 09:38 PM)Musicwhiz Wrote:
(30-03-2015, 09:27 PM)egghead Wrote: At $500 denomination, monthly payment, capital guaranteed, I thought this is a direct competition to bank deposits.

This sounds like an interesting product, if only to diversify an investor's portfolio away from equities.

Some questions I would like to ask:-
1) What is the coupon rate to start off with? The news only mentions that this will be tagged to the SGS.
2) What will be the step-up rate, and how often will this be applied? (e.g. once a year)?
3) How frequently will coupons be paid? Annually or semi-annually?
4) Does interest on the SSB accrue the moment you buy it, or is it just payable on a specific date? E.g. $1,000 principal at 2% with coupons paid semi-annually means $10 paid every 6 months (e.g. June 30). But if I buy it say May 31, does this mean I only get 1 month worth of interest (i.e. $1.67)?
5) What is the maximum cap which one can buy these SSB? I am hoping it will be at least $10,000. Over 10 years, at least this means one can place a total of $100,000.

Regards.
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Messages In This Thread
RE: Singapore Savings Bond - by CityFarmer - 21-07-2015, 04:30 PM
RE: Singapore Savings Bond - by LionFlyer - 31-08-2015, 01:46 PM
RE: Singapore Savings Bond - by CY09 - 31-08-2015, 02:23 PM
RE: Singapore Savings Bond - by valuebuddies - 31-08-2015, 03:19 PM
RE: Singapore Savings Bond - by egghead - 31-08-2015, 05:52 PM
RE: Singapore Savings Bond - by CY09 - 31-08-2015, 06:01 PM
RE: Singapore Savings Bond - by valuebuddies - 31-08-2015, 07:46 PM
RE: Singapore Savings Bond - by LionFlyer - 31-08-2015, 07:52 PM
RE: Singapore Savings Bond - by egghead - 01-09-2015, 08:43 AM
RE: Singapore Savings Bond - by Art or Science - 01-09-2015, 10:39 AM
RE: Singapore Savings Bond - by Art or Science - 01-09-2015, 06:44 PM
RE: Singapore Savings Bond - by newborn1000 - 01-09-2015, 07:43 PM
RE: Singapore Savings Bond - by opmi - 02-09-2015, 11:14 AM
RE: Singapore Savings Bond - by weijian - 03-09-2015, 07:01 AM
RE: Singapore Savings Bond - by CityFarmer - 03-09-2015, 08:44 AM
RE: Singapore Savings Bond - by weijian - 03-09-2015, 04:55 PM
RE: Singapore Savings Bond - by newborn1000 - 03-09-2015, 08:34 PM
RE: Singapore Savings Bond - by NTL - 01-09-2015, 11:00 PM
RE: Singapore Savings Bond - by opmi - 02-09-2015, 11:12 AM
RE: Singapore Savings Bond - by egghead - 02-09-2015, 12:16 PM
RE: Singapore Savings Bond - by koh_52 - 02-09-2015, 03:53 PM
RE: Singapore Savings Bond - by tanjm - 02-09-2015, 09:21 PM
RE: Singapore Savings Bond - by Big Toe - 02-09-2015, 10:21 PM
RE: Singapore Savings Bond - by LionFlyer - 03-09-2015, 02:32 PM
RE: Singapore Savings Bond - by Big Toe - 03-09-2015, 02:50 PM
RE: Singapore Savings Bond - by pianist - 02-09-2015, 10:53 PM
RE: Singapore Savings Bond - by GPD - 03-09-2015, 09:31 PM
RE: Singapore Savings Bond - by egghead - 28-09-2015, 04:52 PM
RE: Singapore Savings Bond - by CityFarmer - 20-04-2016, 09:13 PM
RE: Singapore Savings Bond - by dividendangel - 09-01-2017, 12:20 PM
RE: Singapore Savings Bond - by dreamybear - 18-12-2019, 07:49 PM
RE: S'pore bonds finding new love as safe-haven asset - by greentea - 30-03-2015, 10:45 PM
Singapore Savings Bond - by butcher - 02-05-2015, 10:55 AM
RE: Singapore Savings Bond - by Yoyo - 02-05-2015, 09:04 PM
RE: Singapore Savings Bond - by Happymeowmeow - 03-05-2015, 09:50 AM
RE: Singapore Savings Bond - by SpaceX - 03-05-2015, 12:20 PM
RE: Singapore Savings Bond - by header - 03-05-2015, 09:46 PM
RE: Singapore Savings Bond - by Happymeowmeow - 05-05-2015, 09:45 AM

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