|Starts||2 Mar 2020 (Mon)||Ends||26 Mar 2020 (Thu)|
|SINGPromos is now on Telegram. Click here to follow us now|
Earn up to 1.63% p.a. with a minimum $500 in Mar 2020‘s Singapore Savings Bond
- Minimum per bond: $500
- Maximum per bond: NONE
- Maximum individual holding: $200,000
A safe and flexible way to save for the long term. Savings Bonds are a special type of Singapore Government Securities that is suitable for individuals. Your principal investment and interest payments are backed by the full faith and credit of the Singapore Government.
You will always get your principal back when investing in Savings Bonds. Once a Savings Bond is issued, interest rate changes will have no effect on the bond’s value.
They complement other savings and investments as a safe way to save for the long term.
- Safe – Savings Bonds are fully backed by the Singapore Government. In addition, you can always get your investment amount back in full with no capital losses.
- Long-term – Invest for up to ten years, with interest that increases over time. The longer you save, the higher your return.
- Flexible – Or, choose to exit your investment in any given month, with no penalties. There is no need to decide on a specific investment period at the start
|Year from issue date||1||2||3||4||5||6||7||8||9||10|
|Average return per year %*||1.46||1.46||1.46||1.47||1.49||1.51||1.54||1.57||1.60||1.63|
*At the end of each year, on a compounded basis.
For more info, click here
NEW: Get a Samsonite Luggage Prestige 69cm Spinner Exp with built-in scale (worth SGD670) (with min spend of $800) plus no annual fees waiver when you sign up for a HSBC Revolution credit card at www.hsbc.com.sg.