Dear readers, it has been some time since we last touched on the Singapore Savings Bonds. The latest Jul 2019 Singapore Savings Bonds tranche is up for application. Holders of the bonds would be looking at 1.93% per annum for a holding period of 1 year to an annualized average yield of 2.16% if the bond is held to the maximum of 10-years holding period. For more details of the bond, you can visit the link here.
Against the current stocks markets backdrops, I think some investors will find it appealing to park their monies in a risk-free instrument like the Singapore Savings Bonds and earning some monies before the next course of action. I think this is a wise move and I personally have already made plans for the next global stocks markets corrections which many have said will dwarf the 2008 episode.
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