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Up to $2 bil of Singapore Savings Bonds up for grabs in 2017

Jude Chan Published on Fri, Dec 02, 2016 / 1:24 PM GMT+8

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SINGAPORE (Dec 2): The Monetary Authority of Singapore (MAS) on Thursday announced that up to $2 billion of Savings Bonds will be offered in 2017.

Up to $150 million will be available in first bond of 2017, SBJAN17, which will be issued on Jan 3. Following this, a new savings bond will be issued every month.

According to MAS, the 10-year average annual return from the bond is 2.18%.

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