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Showing posts with the label singapore savings bond

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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Singapore Savings Bonds (June 2024): How to Buy and What to Expect

Welcome to the ultimate guide to Singapore Savings Bonds (SSBs)! Here, you'll find everything you need to know about SSBs, from the latest interest rates to how to invest in them. Whether you're new to investing or just looking for safe, steady returns, this guide has got you covered. What Are Singapore Savings Bonds? Singapore Savings Bonds are specially structured government securities designed for individual investors. Simply put, when you buy an SSB, you're lending money to the Singapore government, which pays you interest in return. Think of it as becoming a mini-bank for the government, along with many others. Launched in 2015 by the Monetary Authority of Singapore (MAS), a new SSB is issued every month. The goal is to provide investors with access to long-term interest rate returns with maximum flexibility and zero risk. Why Invest in SSBs? Safe and Guaranteed : Backed by the triple-A credit rating of the Singapore government, SSBs are among the safest investments yo...