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Old 06-09-2018, 09:54 PM   #2213
Senior Member
Join Date: Feb 2017
Posts: 2,411
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.
Buy fixed income funds better lah .... don't put all the eggs in one basket yo.
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