Why chose SGS Singapore Government Bonds?
1. Yields on Singapore and US govt bonds are currently attractive and competitive vs putting money in time deposits at Singapore banks.
2. Another advantage of govt bonds is that they accrue daily interest. That compares to forgoing interest when time deposits are redeemed early.
The below table shows the current yields of short-term Singapore and US treasuries govt bonds vs time deposit rates.
Credit – Jeffrey Tan, Deputy Manager, PWM.