What is the buy process for SGS Bonds via my Cash Fund?
For market orders, the money will be earmarked for the purchase of your SGS Bonds and cannot be used for other types of cash purchases on the same day as the market order will be transacted on the same day. Once the price quote is obtained from the Primary Dealer, the exact investment amount is then computed and withdrawn from your holdings in the Cash Fund. For the maximum price orders, we will attempt to meet your stipulated price for 10 business days from the day the order is put through online. Within these 10 days, the holding that has been earmarked for the purchase of your SGS Bonds will continue to earn the net interest rate on your Cash Fund. This amount cannot be used for other types of cash purchases. Once your stipulated price is met, the exact investment amount is then computed and withdrawn from your Cash Fund holdings. If your stipulated price is not met over these 10 days, your order will be deemed to be unfulfilled and your payment will not be deducted, but will remain
