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Old 06-09-2018, 06:45 PM   #2212
yongsaver's Avatar
Join Date: Jun 2015
Posts: 379
fed up with the slow rising savings interest rate...applied for DBS perpetual bond yesterday. Was informed this morning kanna 1 lot...

paying 3.98% coupon rate. IRR around 3.93%. definitely higher than FD rates averaging 1.8% nia. Those who have more than 250K rotting in FDs should consider going into bonds. But make sure its investment grade hor....else another Hyflux or Swiber story.
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