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26-03-2015, 02:10 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
By Mok Fei Fei
Singapore - A new type of government bonds will be introduced as part of the move to make low-cost investment options more widely available to retail investors.
The Singapore Savings Bonds (SSBs) will be launched by the government, announced Senior Minister of State for Finance and Transport Josephine Teo at an investment industry event on Thursday.
She said the SSB will be safe investments that are principal-guaranteed by the government, which means the initial outlay is protected.
A feature of the new product is that a bond-holder can get his money back in any month, with no penalty imposed.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?203582-Singapore-Savings-Bonds-to-be-introduced-a-new-investment-option-for-retail-investor&goto=newpost).
By Mok Fei Fei
Singapore - A new type of government bonds will be introduced as part of the move to make low-cost investment options more widely available to retail investors.
The Singapore Savings Bonds (SSBs) will be launched by the government, announced Senior Minister of State for Finance and Transport Josephine Teo at an investment industry event on Thursday.
She said the SSB will be safe investments that are principal-guaranteed by the government, which means the initial outlay is protected.
A feature of the new product is that a bond-holder can get his money back in any month, with no penalty imposed.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?203582-Singapore-Savings-Bonds-to-be-introduced-a-new-investment-option-for-retail-investor&goto=newpost).