Shorter maturity period for Singapore Savings Bonds could boost take-up rate
I refer to the report “Despite low take-up, S’pore Savings Bonds a security blanket for tumultuous times” (April 25).
I refer to the report “Despite low take-up, S’pore Savings Bonds a security blanket for tumultuous times” (April 25).
To boost the take-up of the Singapore Savings Bonds, the Government should consider issuing bonds with a shorter maturity period, say, five years, and more importantly, a higher interest rate.
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