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Singapore Savings Bonds, a new category of Singapore Government Securities introduced in 2015, offer easier opening, lower minimum deposits, and greater flexibility. The government refers to them as specially designed government securities that are suitable for and easily accessible to private investors. In this PPt we will discuss Who Should Buy Savings Bonds in Singapore and How?<br>
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Who Should Buy Savings Bonds in Singapore and How? https://beansprout.sg/
Singapore Savings Bonds, commonly known as SSBs, is a little different from standard bonds before you say that bonds are dead. They also provide wise regional and currency diversification if you reside in the West.
What Are Saving Bonds in Singapore? Singapore Savings Bonds, a category of Singapore Government Securities that was first introduced in 2015, provides simplicity in the opening, cheaper minimum deposits, and more flexibility. They are referred to by the government as specifically constructed government securities that are suited for and easily available to private investors.
Can You Buy Savings Bonds in Singapore? So, how to start investing Singapore? Due to rates that essentially keep up with inflation and are higher than term deposit rates offered by the majority of banks, SSBs are one of the more popular alternatives for risk- averse Singaporeans to invest their money. However, as said, anyone may purchase them. Anyone who is at least 18 years old and has SGD 500 to invest is eligible to apply, regardless of their nationality.
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