This will be the first SGS bond to be issued under the Significant Infrastructure Government Loan Act passed by Parliament in May.. Read more at straitstimes.com.
now renamed as SGS (Market Development), according to MAS.
With a minimum of $1,000 cash, retail investors can subscribe the bonds through DBS/POSB, OCBC and UOB ATMs and internet banking portals, and OCBC’s mobile app, though they will need an individual Central Depository (CDP) account.
The yield, or interest payments, on the bond set for maturity in Oct 2051 will be announced by MAS an hour after the Sept 28 auction and the bond will be issued for trade in secondary market on Oct 1.
been waitg sinxe they announced it
i love these ESG - There are also plans to issue the Green SGS (Infrastructure) bonds that MAS aims to kick off next year for climate change-related infrastructure.
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