Updates & Key Changes on Bond Trading

Please be informed of the following important updates to bond trading.

 

Custody-Based Trading Accounts (Effective 4 May 2026)

 

From 4 May 2026, only custody-based trading accounts will be eligible for online bond transactions.

 

The following account types will no longer be supported online bond trading:

• Cash Management Account (KC)
• Cash Trading Account

 

Please contact me to place orders.

 

To facilitate a smooth transition, the following fee waivers will apply:

 

Waiver for Seamless Transition (Valid until 31 December 2026)

• Direct CDP → Custody-Based Trading Accounts
  Transfer-in fees for wholesale bonds will be waived.
• Internal Transfers of Foreign Bonds (Cash / KC → Custody-Based Accounts)
  Transfer fees will be waived for foreign bonds transferred into custody-based accounts within PSPL.

 

Note: All waivers are valid until 31 December 2026.

 

 

Platform Enhancements & Fee Structure for Bond Transactions

 

Poems is currently enhancing their bond trading platform to improve transparency and overall client experience.

 

The enhanced platform is targeted to be launched on 4 May 2026. 

 

A commission of 0.25% of the nominal value will be applied to all bond transactions under the enhanced platform.

 

This shift to a commission-based model (instead of spread mark-ups) is designed to better serve Poems clients by offering:

• Greater pricing transparency – clients see exactly what they are paying
• No hidden mark-ups embedded in prices
• Clear and consistent fee structure across transactions
• Improved price discovery, ensuring transactions closer to true market levels

 

All charges are subject to prevailing GST.

Smart Park: Park & Earn SGD 1.0004% USD 3.8442% HKD 2.4449%

 

Based on the average rate of annualised returns over the last rolling week.

Past performance is not necessarily indicative of future performance. View Disclaimer.

SGD 1.0004%

USD 3.8442%

HKD 2.4449%

Rates updated as of 9th Feb 2026

# Based on the average rate of annualized returns over the last rolling week.

Past Performance is not necessarily indicative of future performance

No Lock In Period and Fastest Withdrawal

More info on SGD Smart Park here

More info on USD Smart Park here 

*The NAV (Net Asset Value) per unit prices announced by fund 

management companies are already net of the fund’s Annual 

Management Fees and Trustee Fees.

Phillip Smart Park

Make Your Money Work Harder!

Phillip Smart Park is an excess fund facility that manages your idle cash into money market fund. Let SMART help you to maximise your investment opportunities.

* Fast and Simple Online Transfer & Withdrawal

* Withdrawal before 10am on a working day, same day deposit back to Bank Account after 8pm (One of the best liquidity)

* No Penalty or Charges on Deposit and Withdrawal(PayNow, Deposit to Bank Account)

* No Sales Charge and Admin Fees

* No Lock-In Period

* The Largest Retail SGD Money Market Fund in the Market

* Offers Higher Returns than Savings Rate #

* No Default since Inception in 2001 

# For more information, please contact me at +65 90400848/email me at lionellimtp@phillip.com.sg 

FREE Hong Kong Market Mobile Live Price Available Now!

 

Hong Kong Mobile Level 1 Live Price is now free to subscribe via POEMS Web and POEMS Mobile 3 for a limited period.
The live prices can be viewed only on POEMS Mobile Apps.

This initiative is intended as a client appreciation feature for customers trading Hong Kong markets and does not require any cost from clients.

Key points to highlight to clients if asked:

• Complimentary HK Level 1 Live Prices on POEMS Mobile 2 and 3
• Real-time bid/ask prices for HK-listed stocks
• No subscription fee during the promotion period
• Simply head to market data and rewards page on POEMS Mobile 3 and POEMS Web to subscribe.

Important:

• This is mobile-only
• Availability is for a limited period, subject to terms and conditions.

Use this link to subscribe:
https://app.poems.com.sg/kSPr/HKFreeLPMobile2026

Smart Park: Park & Earn SGD 0.9447% USD 3.4877% HKD 2.7343%

 

Based on the average rate of annualised returns over the last rolling week.

Past performance is not necessarily indicative of future performance. View Disclaimer.

SGD 0.9447%

USD 3.4877%

HKD 2.7343%

Rates updated as of 26th Jan 2026

# Based on the average rate of annualized returns over the last rolling week.

Past Performance is not necessarily indicative of future performance

No Lock In Period and Fastest Withdrawal

More info on SGD Smart Park here

More info on USD Smart Park here 

*The NAV (Net Asset Value) per unit prices announced by fund 

management companies are already net of the fund’s Annual 

Management Fees and Trustee Fees.

Phillip Smart Park

Make Your Money Work Harder!

Phillip Smart Park is an excess fund facility that manages your idle cash into money market fund. Let SMART help you to maximise your investment opportunities.

* Fast and Simple Online Transfer & Withdrawal

* Withdrawal before 10am on a working day, same day deposit back to Bank Account after 8pm (One of the best liquidity)

* No Penalty or Charges on Deposit and Withdrawal(PayNow, Deposit to Bank Account)

* No Sales Charge and Admin Fees

* No Lock-In Period

* The Largest Retail SGD Money Market Fund in the Market

* Offers Higher Returns than Savings Rate #

* No Default since Inception in 2001 

# For more information, please contact me at +65 90400848/email me at lionellimtp@phillip.com.sg 

Smart Park: Park & Earn SGD 0.8332% USD 3.3696% HKD 2.7357%

 

Based on the average rate of annualised returns over the last rolling week.

Past performance is not necessarily indicative of future performance. View Disclaimer.

SGD 0.8332%

USD 3.3696%

HKD 2.7357%

Rates updated as of 19th Jan 2026

# Based on the average rate of annualized returns over the last rolling week.

Past Performance is not necessarily indicative of future performance

No Lock In Period and Fastest Withdrawal

More info on SGD Smart Park here

More info on USD Smart Park here 

*The NAV (Net Asset Value) per unit prices announced by fund 

management companies are already net of the fund’s Annual 

Management Fees and Trustee Fees.

Phillip Smart Park

Make Your Money Work Harder!

Phillip Smart Park is an excess fund facility that manages your idle cash into money market fund. Let SMART help you to maximise your investment opportunities.

* Fast and Simple Online Transfer & Withdrawal

* Withdrawal before 10am on a working day, same day deposit back to Bank Account after 8pm (One of the best liquidity)

* No Penalty or Charges on Deposit and Withdrawal(PayNow, Deposit to Bank Account)

* No Sales Charge and Admin Fees

* No Lock-In Period

* The Largest Retail SGD Money Market Fund in the Market

* Offers Higher Returns than Savings Rate #

* No Default since Inception in 2001 

# For more information, please contact me at +65 90400848/email me at lionellimtp@phillip.com.sg 

Smart Park: Park & Earn SGD 0.8124% USD 3.6157% HKD 2.4038%

 

Based on the average rate of annualised returns over the last rolling week.

Past performance is not necessarily indicative of future performance. View Disclaimer.

SGD 0.8124%

USD 3.6157%

HKD 2.4038%

Rates updated as of 12th Jan 2026

# Based on the average rate of annualized returns over the last rolling week.

Past Performance is not necessarily indicative of future performance

No Lock In Period and Fastest Withdrawal

More info on SGD Smart Park here

More info on USD Smart Park here 

*The NAV (Net Asset Value) per unit prices announced by fund 

management companies are already net of the fund’s Annual 

Management Fees and Trustee Fees.

Phillip Smart Park

Make Your Money Work Harder!

Phillip Smart Park is an excess fund facility that manages your idle cash into money market fund. Let SMART help you to maximise your investment opportunities.

* Fast and Simple Online Transfer & Withdrawal

* Withdrawal before 10am on a working day, same day deposit back to Bank Account after 8pm (One of the best liquidity)

* No Penalty or Charges on Deposit and Withdrawal(PayNow, Deposit to Bank Account)

* No Sales Charge and Admin Fees

* No Lock-In Period

* The Largest Retail SGD Money Market Fund in the Market

* Offers Higher Returns than Savings Rate #

* No Default since Inception in 2001 

# For more information, please contact me at +65 90400848/email me at lionellimtp@phillip.com.sg 

Smart Park: Park & Earn SGD 1.0572% USD 3.6157% HKD 2.4038%

 

Based on the average rate of annualised returns over the last rolling week.

Past performance is not necessarily indicative of future performance. View Disclaimer.

SGD 1.0572%

USD 3.6157%

HKD 2.4038%

Rates updated as of 5 Jan 2026

# Based on the average rate of annualized returns over the last rolling week.

Past Performance is not necessarily indicative of future performance

No Lock In Period and Fastest Withdrawal

More info on SGD Smart Park here

More info on USD Smart Park here 

*The NAV (Net Asset Value) per unit prices announced by fund 

management companies are already net of the fund’s Annual 

Management Fees and Trustee Fees.

Phillip Smart Park

Make Your Money Work Harder!

Phillip Smart Park is an excess fund facility that manages your idle cash into money market fund. Let SMART help you to maximise your investment opportunities.

* Fast and Simple Online Transfer & Withdrawal

* Withdrawal before 10am on a working day, same day deposit back to Bank Account after 8pm (One of the best liquidity)

* No Penalty or Charges on Deposit and Withdrawal(PayNow, Deposit to Bank Account)

* No Sales Charge and Admin Fees

* No Lock-In Period

* The Largest Retail SGD Money Market Fund in the Market

* Offers Higher Returns than Savings Rate #

* No Default since Inception in 2001 

# For more information, please contact me at +65 90400848/email me at lionellimtp@phillip.com.sg