Examples of SGS Bonds in a sentence
Table 2.3 Summary of Regulatory and Tax Information Items SGS Bills SGS Bonds Corporate BondsRestrictions on Foreign InvestmentNoneNoneNoneCapital Gains TaxNoneNoneNoneCustodianLocal InvestorsMEPS+Participating BanksMEPS+Participating BanksCentral Depository Pte.
For purchases of SGS Bonds using CPF or SRS monies, iFAST will proceed to execute the Order by placing the same with the primary dealer and, upon receipt of the price quote from the primary dealer, iFAST will calculate the Investment Amount and request for payment of the Investment Amount, together with the Processing Fees, from the relevant account with the CPF Agent Bank, CPF Board or SRS Operator (as the case may be).
All SGS Bonds are issued on a book-entry system (non-bearer) and without any requirement for a prospectus and the primary dealers are required to maintain records relating to transfers of SGS Bonds.
In relation to a purchase of SGS Bonds using cash, a Customer must select the relevant SGS Bond and place a quantity order by indicating the amount of SGS Bonds to be purchased (the bond amount).
Presently, a Custody Fee of up to 0.3% per annum, based on the nominal value of the SGS Bonds held for the Customer, is charged by iFAST.
The Customer acknowledges that with effect from a date to be determined by iFAST (“Stipulated Date”), all payments for any su bscription in relation to any Fund or in relation to SGS Bonds, shall be made payable to “iFAST Financial - Client Trust Account”, or such Person as specified by iFAST from time to time.
After an auction closes, you can check the aggregate results of the auction about an hour later on the Auctions and Issuance Calendar 2023 (mas.gov.sg) > View Details > Closing Yield (SGS Bonds) / Cut-off Yield (T-Bills).
For the avoidance of doubt, for SGS Bonds purchased using CPF or SRS monies, only the net amount remaining (after deducting the Custody Fee from the semi-annual coupon payments received) shall be credited to the Customer’s account with the CPF Agent Bank, CPF Board or SRS Operator (as the case may be).
The Public Documents comprise the following:43 S/N Date Contents1UndatedGraph taken from http://www.tradingeconomics.com showing the historical yield for 10-year SingaporeGovernment Securities (“SGS”) Bonds2May 2020Screenshot from the Monetary Authority of Singapore (“MAS”) website showing average10-year SGS Bonds yield of 0.72 43 Plaintiff’s Supplementary Bundle of Documents (18 May 2020) (“PB2”) at Index.
In order to cancel any unfulfilled price order or amend the price (but not the quantity of SGS Bonds stated in such price order) on a Business Day during the Price Order Period, a Customer must provide iFAST the cancellation or price amendment instructions, as the case maybe, by 3 p.m. on such Business Day.