Bond Financing

Double Up* your Investment Portfolio

Maximize Your Investment Potential:

1. With no additional cash outlay*

2. Financing rates of:

Bond Portfolio SGD Financing Rates
≥ SGD 250,000 2.5% p.a.
< SGD250,000 2.88% p.a.
PSPL may at any time at its sole discretion change the interest rates set out based on prevailing interest rate environment and quality & concentration of securities in your portfolio.

3. Financing available for over 100 bonds (Marginable Bond)

in Phillip Investment Account – Margin (M).

Why Phillip Bond?

  • Access to more than 70 counterparties worldwide
  • Access to 9 different currencies, including SGD, USD, HKD, CNY, GBP, EUR, AUD, JPY, CAD
  • Participation in both primary and secondary bond markets globally
  • Phillip Global Offices in 16 countries and region support price discoveries

FAQ

Bond financing enables you to use the existing marginable bonds to buy additional bond(s) using leverage at a competitive financing rate. Clients may be able to make a spread known as “Positive Carry”.

Positive Carry occurs when we borrow funds at a lower interest rate and invest the borrowed funds in a higher yielding investment.

The benefit of employing this strategy; we can profit from the difference between the yield that flows from the investment and the cost of borrowing.

Yes, you can use your marginable shares or unit trusts to buy bonds. To find out more about the applicable interest rates on multi-asset financing, please contact us at 6531555 or talktophillip@phillip.com.sg.

To get started, open a Phillip Investment Account – Margin.

If you have an existing trading account with us, you can open a margin account online by logging in to POEMS 2.0, click on the Acct Mgmt tab > Online Forms tab > Margin Account Opening tab.

Your initial collateral can be your existing marginable bonds, shares or unit trusts. Alternatively, you can deposit cash to your margin account before initiating a trade to partially fund your investment. To find out more on the initial collateral requirement click here to access our product infosheet.
To effect the transfer of marginable bonds, shares or unit trusts to your margin account, you may visit any of our Phillip Investor Centres located island wide once your account is opened.

To find out more, chat with us using our Live Chat function.

Alternatively, you may call us at 6531 1555 or email us at financing@phillip.com.sg


*Terms and Conditions Apply