Coming from a Singaporean's perspective, this bond looks super safe.
Looking at the indicative holdings, most of the bonds are all from government agencies and none of them are likely to default.
Our government is continues to be AAA credit rated by institutions and the government has a strong reserve of funds to fall back on if anything goes wrong. In the Asian Financial Crisis and Global Financial Crisis, the government tapped on its reserves to pump funds into the market to help businesses and its citizens. I think Singapore also recovered faster than our neighboring countries.
I think you can find online resources about the above easily.
Btw, we also don't have any tax on capital gains and dividends. :)
Very interesting, thanks for sharing.
As an expat that moved to Thailand, and with the
massive corruption in Thailand, I can't bring myself to bring money into the country, but the THB vs SGD has been incredibly stable for the last 20 years, so I wonder if a SGD bond would be a good choice over a global unhedged bond fund.
If the currency and government are as stable as Australia, it looks like it would be an excellent choice for someone in my situation.