Have you heard of Bon Simpanan Merdeka 2009?
I first heard about it from a bank officer. She shared this news with me after I complained to her about the low interest rate for Malaysia Fixed Deposit, which is 2% for a 1-month placement.
Benefits from Bon Simpanan Merdeka 2009
Interested to know more about Bon Simpanan Merdeka? These are the main benefits:
1. Profit of 5% per annum
The luring part about Bon Simpanan Merdeka is the 5% per annum profit margin. It’s for Malaysian citizens who are 56 years and above.
The Bon Simpanan Merdeka 2009 has 3-year tenure. The interest will be bank-in to the investor’s saving account on a monthly basis.
2. Minimum and maximum holding
The minimum holding is RM1000 while the maximum holding is RM50,000.
3. Tax exemption
Another benefit is that the returns from the bonds are exempted from tax. So, you get to save additional money.
Final thoughts
Do you know anyone (senior citizen) who’s interested to invest in Bon Merdeka 2009?
You can share with them this good news and help them to earn better interest from their savings. For more details, you can refer to the Bank Negara website.
Updates on 13 Mar 2009: Apologies for the late updates. The bank officer called to inform me that Bon Simpanan Merdeka is fully subscribed. You can refer to the news on the Bank Negara website.