Hi there!
Price fluctuation | Profiting
You can head on to http://www.sgs.gov.sg/savingsbonds/About-SSB/Ri... for more info but here's the answer specific to your question:
"However, you will always get your principal back when investing in Savings Bonds. Once a Savings Bond is issued, interest rate changes will have no effect on the bond’s value."
Therefore, bond prices will remain as it is throughout your entire investment period. But do note there's a $2 transaction fee to whenever each transaction is performed.
Maturity Period
This bond is a 10-year bond with a step-up interest rate at some years into your investment. If you hold the entire 10 years, it'd be on average 2.13% simple interest for the entire 10-years vested.
Hope it answers your question :)
Hi there!
Price fluctuation | Profiting
You can head on to http://www.sgs.gov.sg/savingsbonds/About-SSB/Ri... for more info but here's the answer specific to your question:
"However, you will always get your principal back when investing in Savings Bonds. Once a Savings Bond is issued, interest rate changes will have no effect on the bond’s value."
Therefore, bond prices will remain as it is throughout your entire investment period. But do note there's a $2 transaction fee to whenever each transaction is performed.
Maturity Period
This bond is a 10-year bond with a step-up interest rate at some years into your investment. If you hold the entire 10 years, it'd be on average 2.13% simple interest for the entire 10-years vested.
Hope it answers your question :)