Do I need to be Accredited Investor to purchase bonds?

Please note that corporate (OTC) bonds are only available for sale to Accredited Investors or in minimum denominations of $200,000 per transaction For relevant forms and documents required to be an Accredited Investor, please click here. Definition of an Accredited Investor An Accredited Investor (Individual) is: An individual with net personal assets exceed in value of SGD 2 million (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount. Loans, overdrafts and/or credit facilities which the individual has with other banks and financial institutions will have to be deducted from his gross personal assets to generate his total net personal assets; or Whose income in the preceding 12 months is not less than S$300 000 (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount. An Accredited Investor (Corporation) is: The company’s total net assets (i.e. assets minus liabilities) must exceed SGD 10 million (or equivalent in foreign currency) as determined by the most recent audited balance-sheet of the company.

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