View Single Post
Old 06-09-2018, 06:45 PM   #2212
yongsaver
Member
 
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.
yongsaver is offline   Reply With Quote