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Why do I need to open a CDP Securities account to buy Savings Bonds?
You will need to have an Individual CDP Securities account as a holding account to deposit your Savings Bonds. Savings Bonds may not be held in any other types of CDP accounts (such as joint accounts) or in accounts outside CDP.
This information is sourced from MAS.
Related questions
Why do I need to open a CDP Securities account to buy Savings Bonds using cash? Can I use my joint CDP Securities account to buy Savings Bonds?
Can I purchase Savings Bonds in joint name or under a trust account?
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Can Savings Bonds be placed into a joint CDP Securities account?
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Can my bank assist with the opening of CDP account and same day investment of Savings Bonds at any of its bank branches?
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