Maiden Singapore Savings Bond to be issued on October 1
Applications open on September 1.
The Monetary Authority of Singapore said today that the first Singapore Savings Bond will be issued on 1 October 2015, with a new Savings Bond to be issued every month thereafter.
Interested investors may apply for this issue from 1 September 2015.
MAS reiterated that a new Savings Bond will be issued every month for at least 5 years, so there is no need to rush for the first issuance.
The Singapore Government plans to issue S$2-4 billion of Savings Bonds this year.