Conventional SGS bonds can be traded on SGX. The prices of conventional SGS bonds can also change depending on market interest rates movements. This means that if you sell your conventional SGS before maturity, you may receive more or less than your invested capital. In contrast, Savings Bonds are not tradable, so you cannot sell them on SGX. You can, however, choose to redeem them from the Government in any month, and receive all your invested capital back.

• Savings Bonds have a lower minimum investment amount and unit size of $500 compared to $1,000 for conventional SGS. Individuals can hold up to $200,000 of Savings Bonds at any point, but there are no investment limits on conventional SGS.