SINGAPORE SAVINGS BOND JUL 2018 ISSUE: RESULTS
Dear readers, the result of Singapore Savings Bonds Jul 2018 issue is just released today. Of the $250 million of Singapore Savings Bonds on offer, the total amount applied was $568million. For investors who applied for less than $12,500 or lower, they would get their allotment. For investors who applied for more than or equal $13,000, they would be allotted either $12,500 or $13,000.
The oversubscription highlights that retail investors are embracing Singapore Savings Bonds as a mean to obtain much higher interests than that given by the banks. Visit the Singapore Savings Bonds link here for more details. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.