WebSep 30, 2024 · My Take: If T-bill yields continue rising and there’s no news about CPF interest rates being revised higher, I may start to use my CPF funds to buy into some T-bills once yields cross the prevailing CPF rates. You can easily find out how to apply for T-bills online, so I won’t cover that in this article. WebYou must open a CPFIA first. You can use OA but need to leave the first 20k inside. Shouldn't use SA unless T bills spike above 4% to 5%. However, I heard feedback that for such CPF txns, you need to go down physically to the bank branch. So prep in advance, you will likely miss today but can try for the next round.
How to buy Singapore Treasury Bill (T-Bill) using CPF, SRS, Cash
WebJul 23, 2024 · www.cpf.gov.sg this confirms that t-bill can be used. to me it is not how long the shielding is, it is what is the cost of shielding. if you buy unit trust, you are exposing to risk of market fluctuation. if you buy t-bills, the cost is more or less fixed. eg this time round it is 1% pa for 6 months. Click to expand... WebYou may apply for the bonds and T-bills in person at any branch of the CPFIS bond dealers (i.e. DBS, OCBC or UOB). Application via OCBC’s internet banking portal will begin from 31 March 2024. After the T-bills auction closes, you can check the aggregate … tshirt rewang
Buy SGS Bonds and T-bills at Auction: For Individuals
WebYou can buy SGS bonds and T-bills using cash, Supplementary Retirement Scheme (SRS) funds or CPF Investment Scheme (CPFIS) funds. What you will need and how … WebCPF OA interest rates are 2.5%. Recent SGS bonds and treasury bills yields are >2.5%. CPF OA can be used to invest in SGS bonds and treasury bills. From 1 to 3, it seems risk-free to arbitrage higher CPF OA returns by investing CPF OA monies into SGS bonds and treasury bills (since they are both backed by the government anyway). WebFeb 26, 2024 · The first being retail investors buying T-Bills using CPF-OA. When you’re buying with CPF-OA, frankly anything more than 3.00% and you already make good money even after factoring in the lost CPF-OA interest. And secondly, bank fixed deposit rates have been dropping quite sharply from the earlier highs. tshirt reyes magos