In an earlier article, we compared theto fixed deposits. There are a few key distinctions between these virtually risk-free investment vehicles.
offered a measly 0.35 per cent p.a. interest average return after the first two years. However, things have completely changed in the past year.August 2022 Singapore Savings Bond Next, entry point. It takes just $500 to invest in Singapore Savings Bonds, which is lower than the $1,000 or more for most fixed deposits. That said, ICBC fixed deposits only require $500 to start.
Source: Loan Digest (loandigest.net)
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