WebNov 16, 2024 · You'd need to consider additional interest lost if you're bidding for T-bills using your CPF funds. As we shared in our previous article, you will lose at least one additional month of CPF interest … WebFor CPF funds, unlike Cash investments, only the amount AFTER the discount is deducted from CPF. The deduction is usually T-2 days. The crediting is at T+3 days. ... T-bills will be one of the best options if you want a short-term, low-risk financial product to park your funds. In some circumstances, the returns could be higher than fixed deposits.
CPFB CPF Investment Scheme options - Central Provident Fund
Web1 day ago · The cut-off yield for the latest 6-month T-bill auction (BS23107V) on 13 April 2024 fell to 3.75% p.a. What many investors might be interested in would be whether the start of online applications using CPF funds for OCBC customers led to a significant increase in demand. Let’s take a look and find out what we can learn from the latest ... WebCPF Investment Scheme-Ordinary Account (CPFIS-OA) You can invest your OA savings after setting aside $20,000 in your OA. In addition, you can only invest up to 35% and … safetec single antibiotic ointment
Will the T-bill yield continue to rise in the auction on 13 April?
Web1 day ago · Okay I actually wasn’t planning on writing this article. But when I looked at the latest T-Bills auction results. With cut-off yields dropping from 3.85% to 3.75%.. And application amounts rebounding strongly from $9.5 billion to $12.3 billion.. It occurred to me that this was exactly what you guys predicted: WebOct 10, 2024 · If we want to invest our CPF Ordinary Account savings in T-bills, we will need to open a CPF Invest Account with one of the three CPF-IS Agent Banks (DBS/POSB, OCBC or UOB). There is no need to open any such accounts if we want to invest our Special Account savings in T-bills. WebSep 30, 2024 · Screenshot from MAS website. Simplified Explainer: If you successfully bid for and secured a 6-month T-bill at the rate of 3.32%, your $100k capital would now become $10k + $1,660 after 6 months. If you managed to secure a 1-year T-bill at the same rates, you would have effectively “earned” $3,320. In reality, what would have happened is ... safetec norway