The first series of this Islamic bond, called Sukuk Simpanan Rakyat (SSR) 01/2009, is part of the Government’s RM60bil stimulus package announced on March 10, where up to RM5bil in saving bonds will be issued this year for people aged 21 and above, and with a maturity period of three years.
there's 2 schools of thought.
1. "hey, the government is giving us money. that's double the interest of the fixed deposit!!"
2. "bond, means I am giving the government loan. I don't think i want to borrow the government. it maybe in black and white, but if the government goes hollow and bankrupt due to some reason, i think i will get back less than 2.5%"
my school of thought.
- if got extra money to spare, no harm in investing. but then again, don't believe the bloody shit everyone is spinning, believing it is oh-so-stable and oh-so-certain.
remember, nothing is certain, except for tax and death.