Lowdown on the new savings bonds
Compared to 10-year SGS bonds, savings bonds shine amid rising rates, but some tweaks could be made
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RETAIL investors might not realise this yet, but they will have to rethink their asset-allocation strategy soon.
The Singapore Savings Bonds programme to be launched in the second half of the year will allow individuals to buy a coupon-paying, risk-free bond. This can be more attractive than fixed-deposit products in banks or the guaranteed returns of annuity or endowment products offered by insurance companies.
In an uncertain-rate environment, the flexibility for individuals to get back their principal with no penalty is the biggest advantage of the scheme.
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