Bermudan option in Singapore savings bonds

• المؤلف الرئيسي: LIM, Kian Guan
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2020
• الموضوعات: Bespoke Bermudan option; Singapore Savings Bonds; Iterative Black-Derman-Toy model; Spot rate model; Asian Studies; Finance and Financial Management
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research/6616; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7615/viewcontent/BermudanOptionInSingaporeSavingBood_av.pdf
• المؤسسة: Singapore Management University

The Singapore Savings Bonds (SSB) is a unique investment program offered by the Singapore government whereby retail investors can earn risk-free tax-free step-up interest closely matched to Treasury bond rates for up to 10 years and can redeem on any business day prior to maturity without any early...