Singapore Treasury bills (T-bills)

mercury95sg

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If you want to use CPFIA to invest Tbill 1year, my ocbc app shows closing at 19 April 21:00.
It also shows transaction charge of $2.70.
I remember many years ago there is quarterly fee to maintain CPSIA, think is $2.xx. After that I sold my unit trusts, it stop deducting.
If I got allocated Tbill, OCBC will start charge quarterly fee ?
 

mercury95sg

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Rethink, if use CPFIA to apply 100k the extra earning is abt 1k.
Not much attractive unless you have big amount to apply and need to lock it till 1 year.
 

reddevil0728

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If you want to use CPFIA to invest Tbill 1year, my ocbc app shows closing at 19 April 21:00.
It also shows transaction charge of $2.70.
I remember many years ago there is quarterly fee to maintain CPSIA, think is $2.xx. After that I sold my unit trusts, it stop deducting.
If I got allocated Tbill, OCBC will start charge quarterly fee ?
Yes. So long as you have something
Rethink, if use CPFIA to apply 100k the extra earning is abt 1k.
Not much attractive unless you have big amount to apply and need to lock it till 1 year.
But if you don’t do anything with it then also not attractive no?
 

slang

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check with you guys opinion.

Is it still worth doing 1yr T-Bill today?
based on your gut feel, what you think the rate will be this round 1yr?
 

reddevil0728

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check with you guys opinion.

Is it still worth doing 1yr T-Bill today?
based on your gut feel, what you think the rate will be this round 1yr?
Just bid? If don’t meet coy then wouldn’t get?

so depends on what rate you want that matters
 

syohyunkyi

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How to apply for T-bills using CPF-OA through DBS iBanking?
I can see my CPF-IA which is at $0 through iBanking. Do I need to transfer from CPF-OA to CPF-IA then can use?
 

sgcn007

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How to apply for T-bills using CPF-OA through DBS iBanking?
I can see my CPF-IA which is at $0 through iBanking. Do I need to transfer from CPF-OA to CPF-IA then can use?
You don't need to transfer from CPF-OA to CPF-IA. If you bid successfully, the bank will deduct from your cpf account accordingly after the auction. Just make sure you have sufficient amount in OA.
 
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