Recently I noticed that there was a new option in OCBC iBanking.
I was looking through the website and I saw this option:
Seems like we can buy SGS from iBanking now!
Clicking on it, we get:
Looks like even the Singapore Government Securities (SGS) are there!
For the ease for most people (no volatility) and considering SGSs are rather illiquid, I would discuss SSB for this post (I'll probably go for SSB myself).
Looks like there's still a service charge of $2, but good thing is that there's no longer a need to go down to the ATM :)
Redeeming the bonds
Just key in the date of issue (say, 11/2016),
Looks pretty simple isn't it?
On a side note, since the purchase and redemption of SSB could be done on iBanking, why not add in Rights Issues as well? :D
What do you guys think?
EDIT (20 Feb 2017): A reader Youkang has also informed me that UOB iBanking has it now too! Thanks!
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