Overview
Savings Bonds are a special type of Singapore Government Securities (SGS) with features that make them suitable for individual investors. Savings Bonds are fully backed by the Singapore Government.
Eligibility | Only individuals aged 18 years and above. |
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Issuer | Government of Singapore. |
Term | Up to 10 years. |
Interest rate |
Note: At issuance, interest rates for the entire 10-year term are fixed and locked in for each issue |
Investment amount |
Note: Investment sum should be in multiples of $500. |
Interest payments |
Every 6 months after issuance.
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Issuance | A new Savings Bond will be issued every month according to the issuance calendar. |
Allotment results |
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Maturity and redemption |
Savings Bonds are redeemable in any given month, with no penalty for exiting the investment early.
For both maturity and redemption, you will receive the principal amount by the second business day of the next month. Accrued interest on the redemption amount shall be paid. Note: Redemption amounts must be in multiples of S$500. |
Tax | Exempt from tax. |
Non-transferable |
Note: Upon the death of a bondholder, the Savings Bonds may be transferred to the rightful beneficiaries according to the person’s will or under the intestacy law. Such authorised transfers are not subject to the individual limit of S$200,000. |
Interested investors may also wish to refer to the technical specifications (0.99 MB) of the product.