Singapore Savings Bonds

[SKenny]

That's very fast. Wonder how much they will allocate for $20k application...

The full $20k.

 

[compro_1975]

ok I got no refund, so should be all I got it.....

 

[compro_1975]

Mine is dbs......

 

[havetheveryfun]

ok I got no refund, so should be all I got it.....

No, if a person got 39.5k max, it means everyone will only get 39.5k max or less

Mine is dbs......

dbs usually takes longer to refund, up to a day more

 

[aarontansp]

Next month should be higher rates for the 1st year.

 

[havetheveryfun]

Next month should be higher rates for the 1st year.

just 0.02% more only

 

[Iceman127]

I'm also newbie. If any errors abv, feel free to correct.

Thanks bro for the reply

 

[jess_sy]

Result allocation
SGD 39,000 or SGD 39,500.


http://www.sgs.gov.sg/~/media/SGS/SGS%20Announcements%20pdf/SSB%20PDF/2019/GX19010T%20Result.pdf

 

[Globe]

cool , waiting for it to reflect in my CDP account ...

 

[SKenny]

Question:

Come February, you can only invest $200k max in all ssb combined or just a single ssb?

Sent from Mercedes-Benz E250 using GAGT

Total $200k, be it in one SSB or multiple.

 

[SKenny]

Next month should be higher rates for the 1st year.

Next month will be the last one before the increase in SSB limit starts.

 

[oleyAeon]

singlife's current 3 & 5 year plan there is no max amount and both are better than next months' SSB.

but SSB offers more liquidity..
this is important especially for traders/short term investors i think..

parking money in SSB is just temporary..

 

[Intel888]

Total $200k, be it in one SSB or multiple.

I.e For Feb issue (apply by end Jan) or Mar issue (apply by end Feb), can total hold up to max 200k?

 

[SKenny]

I.e For Feb issue (apply by end Jan) or Mar issue (apply by end Feb), can total hold up to max 200k?

The new policy will be effective on 1st Feb. So it should starts from the 1st March issue.


The Monetary Authority of Singapore (MAS) announced today that investors will be able to invest in Singapore Savings Bonds (SSB) using their Supplementary Retirement Scheme (SRS) from 1 February 2019. The Individual Limit for SSB will be raised to S$200,000 on the same date. .
http://www.sgs.gov.sg/~/media/SGS/S...Release on SSB Applications via SRS Funds.pdf

 

[whitesand]

Total $200k, be it in one SSB or multiple.

Just wish to be clear:

This $200k limit is for application in Feb 2019 onwards, or
is applicable fr 2019 FeB issue (application made in Jan 2019)?

TA.

 

[chiokcc]

Just wish to be clear:

This $200k limit is for application in Feb 2019 onwards, or
is applicable tr 2019FeB issue (application made in Jan 2019)?

TA.

Think this one thing has not been very clear and subjected to different interpretation.

Hopefully, the statement can be clearer in the next few days.

 

[tmkedmw]

Super fast refund by UOB at 12:30pm, probably a record for the earliest refund.
Let's see when posb/dbs refund.

Refund is back; am using UOB. Applied 50, allocated 39.5k.

 

[chiokcc]

Will the results be shown anywhere in I-banking, like for IPO, other then being reflected by the amount of refund?

 

[havetheveryfun]

Will the results be shown anywhere in I-banking, like for IPO, other then being reflected by the amount of refund?

SGX will send a letter to u

and

holdings will be reflected in CDP account by 2nd or 3rd of Jan (usually by 1st or 2nd of the next month but 1st Jan is a PH this time so..)

 

[SpeedingBullet]

wa jialat i apply 40k, i will have to contend with that $500 or 1k.. **...