What does “redemption” mean?

Updated by MAS 1y ago

It means that you return your Savings Bond to the Government before it matures in exchange for your principal and any accrued interest.

This information is sourced from MAS.

Topics:

Singapore Savings Bonds Redeeming Your Savings Bonds

Related questions

When can I apply to redeem my Savings Bonds? Will I lose money if I redeem before it matures?

Is there a minimum holding period?

Will there be any penalty for exiting my investment early?

What is accrued interest? How is the accrued interest calculated if I redeem my Savings Bond before it matures?

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