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Fixed deposits, govt savings bonds or securities: Which risk-free investment option should you consider?
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There are other attractive investment options to consider, such as Singapore Savings Bonds.
PHOTO ILLUSTRATION: PEXELS
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SINGAPORE - A fixed deposit is one of a number of low-risk ways to get a higher return from cash sitting in a savings account earning next to nothing.
And now is a good time to move as rates for fixed deposits have been going up, with UOB and Citi offering as much as 2.6 per cent for a 12-month tenor.
