When it comes to investing.
What most people have in mind is property and stocks. And when you tell them you invest in bonds. They usually stare at you as if you are investing in some sort of magic black rocks that can turn daily object into gold.
Far from it.
Bond is the largest investment class in the world’s financial market. Far bigger than the stock market due to the sheer capital size of credit issued and traded by large institutions.
Bonds provide investors with interest income plus guarantee principal at its maturity — of course provided the issuer does not go bankrupt.
Today, we will show you one bond that has no chance of defaulting. And that is the Singapore Government Securities(SGS) issued by MAF.
So without further ado, let’s begin!
What are Singapore Government Securities (SGS)?
They are basically government bonds issued by Monetary Authority of Singapore …read more