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. 

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