Singapore Treasury bills (T-bills)

[maumu]

Any readers want to share on OCBC, UOB their cut-off time?

don't see any cut-off time for UOB. only says closing date is 6 July. if that helps..

 

[dude123]

Waiting for 1yr tbill + ssb.. dunno wan to put this coming 6mth tbill or not..

 

[reddevil0728]

Thank will apply tomorrow and see how it's goes

Some educationn...

1) Competitve means you put in a % which you can accept. If the eventual % is lower, you wouldn't get.

Example I am ok to get 1% interest. and eventual interest is 2%. you will get it, and you will get 2% not 1%.

But if eventual interest is 0.5%, you get nothing.

2) not first come first serve. so long you apply in time (cater buffer for tech error), you will be able to participate in the "auction"/ballot.

3) T-bill don't have same portal as SSB. but both T-Bill and SSB will be held in CDP.

If you get allocated for T-Bill, you will get the "interest" refunded on the same day.

 

[adven7]

A side question. Anyone here know In case of decease how will T bill or SSB be distributed back to family member? Any nomination form need to be filled?

 

[reddevil0728]

don't see any cut-off time for UOB. only says closing date is 6 July. if that helps..

also dun see for uob.

DBS and OCBC 9pm on 6 july.

so maybe for those using UOB... don't take the risk and apply by 9pm?

 

[reddevil0728]

A side question. Anyone here know In case of decease how will T bill or SSB be distributed back to family member? Any nomination form need to be filled?

same as how other stock holdings in CDP.

it is neither Insurance nor CPF

 

[reddevil0728]

Waiting for 1yr tbill + ssb.. dunno wan to put this coming 6mth tbill or not..

1 qns and 1 suggestion

Q: Do you plan to hold long term, i.e., 2 or more years?

S: Can consider 6m t-bill "ladder", i.e., split the amount you willing to put in into 13 tranches, then just apply for every tranche of 6m t-bill and repeat.

 

[adven7]

3) T-bill don't have same portal as SSB. but both T-Bill and SSB will be held in CDP.

If you get allWwocated for T-Bill, you will get the "interest" refunded on the same day.

Some educationn...

1) Competitve means you put in a % which you can accept. If the eventual % is lower, you wouldn't get.

Example I am ok to get 1% interest. and eventual interest is 2%. you will get it, and you will get 2% not 1%.

But if eventual interest is 0.5%, you get nothing.

2) not first come first serve. so long you apply in time (cater buffer for tech error), you will be able to participate in the "auction"/ballot.

3) T-bill don't have same portal as SSB. but both T-Bill and SSB will be held in CDP.

If you get allocated for T-Bill, you will get the "interest" refunded on the same day.

If use SRS to invest, does CDP reflect both SSB and T bill ? For SSB, I could not find in CDP portal except at MAS portal

 

[reddevil0728]

If use SRS to invest, does CDP reflect both SSB and T bill ? For SSB, I could not find in CDP portal except at MAS portal

if not wrong, for SRS is the bank you have your SRS with will reflect

 

[sohguanh]

Thank will apply tomorrow and see how it's goes

You do know 6 month T-bill every 2 weeks got new issue hor? If got a lot to apply, spread out the monies for different issue. Tomorrow like a bit too early. For me I will choose next Mon,Tue.

 

[reddevil0728]

You do know 6 month T-bill every 2 weeks got new issue hor? If got a lot to apply, spread out the monies for different issue. Tomorrow like a bit too early. For me I will choose next Mon,Tue.

Consider “Tbill ladder”

 

[sohguanh]

Consider “Tbill ladder”

Already planned just like SSB ladder. Was going to do SGS bond ladder also until the SGS bond (Reopen) posts so complex so give up.

 

[reddevil0728]

Already planned just like SSB ladder. Was going to do SGS bond ladder also until the SGS bond (Reopen) posts so complex so give up.

why bother???? SSB is meant to replicate SGS bonds for retail investors ma

 

[sohguanh]

why bother???? SSB is meant to replicate SGS bonds for retail investors ma

Becuz it is offered mah so thought another avenue until I read those posts on SGS bond (Reopen) wow.

 

[reddevil0728]

Becuz it is offered mah so thought another avenue until I read those posts on SGS bond (Reopen) wow.

just because it is offered means must get meh? some are substitute and some are complements.

 

[sohguanh]

just because it is offered means must get meh? some are substitute and some are complements.

Whack all mah but then before go in need to understand and this forum provide very good information. Thank you for stephen? for his good posts on SGS bond (Reopen).

 

[adven7]

You do know 6 month T-bill every 2 weeks got new issue hor? If got a lot to apply, spread out the monies for different issue. Tomorrow like a bit too early. For me I will choose next Mon,Tue.

Apply now and mature on 10 Jan 2023 and then do top of CPF which may have higher interest. Park in bank is lwo interest, park in SSB too long so T bill fit my short term requirement. This is for me a strategic short term investment

 

[reddevil0728]

Whack all mah but then before go in need to understand and this forum provide very good information. Thank you for stephen? for his good posts on SGS bond (Reopen).

lol dun understand why whack all. but ok

 

[reddevil0728]

Apply now and mature on 10 Jan 2023 and then do top of CPF which may have higher interest. Park in bank is lwo interest, park in SSB too long so T bill fit my short term requirement. This is for me a strategic short term investment

oh so this is meant for your CPF top-up for tax savings?

Then should target the next round that matures on 24 jan right? cause top up CPF closer to month end better.

 

[adven7]

oh so this is meant for your CPF top-up for tax savings?

Then should target the next round that matures on 24 jan right? cause top up CPF closer to month end better.

Not purely for tax saving but to get slightly higher interest as CPF give an average of 3% if top 3 account concurrently

Heard from the CPF counter lady to top early, if late, I think need at least 7 days (I could be wrong), may miss a month of interest

Will do T bill ladder too.

Thanks for the advice