Singapore Treasury bills (T-bills)

[RedsYWNA]

At least still maintain at 3.7 .. higher than bank fd.

Its a gd time to pivot to SSB, I feel

 

[magicming]

I am thankful for the 3.73%. Had expected lower.

 

[reddevil0728]

Its a gd time to pivot to SSB, I feel

Ssb also dropping and is of a different objective

 

[Teddybear1940]

Next round CPF bidders will lose 8 mths interest so can try to bid for higher COY

 

[reddevil0728]

Next round CPF bidders will lose 8 mths interest so can try to bid for higher COY

But if market sentiments is that it will start to trend down. It will trend down.

we also dunno for a fact it’s cpf applicants who cause this rate

 

[RedsYWNA]

Ssb also dropping and is of a different objective

What is your objective of SSB vs T-bills then?

 

[hmyoth]

Next round CPF bidders will lose 8 mths interest so can try to bid for higher COY

Auction date is 4 Jan maturity date is 9 jul. only 7 months. Can apply online latest on 2 Jan before 9pm.

 

[reddevil0728]

What is your objective of SSB vs T-bills then?

One can be for longer term one is just for short term

 

[maumu]

hope the rate stays high for a bit longer...

nothing attractive these days - no endowment, FDs, etc. that are offering anything good.

 

[reddevil0728]

hope the rate stays high for a bit longer...

nothing attractive these days - no endowment, FDs, etc. that are offering anything good.

Fed already announce they intend to cut rates liao.

 

[limster]

hope the rate stays high for a bit longer...

nothing attractive these days - no endowment, FDs, etc. that are offering anything good.

The stock market rally more than compensates for interest rates going down. Many people report their networth increasing by six figures in 2023 in other threads.

In fact, lower interest rates are probably a factor in the stock market rally

 

[Teddybear1940]

Fed already announce they intend to cut rates liao.

They will cut only the inflation rate can go down to 2 percent

 

[reddevil0728]

They will cut only the inflation rate can go down to 2 percent

don't get you

 

[IcYFl4mEz]

for CPF will only be deducted on the issue date right

 

[reddevil0728]

for CPF will only be deducted on the issue date right

before

 

[chiokcc]

I am thankful for the 3.73%. Had expected lower.

I will consider anything above 3.6% pa as good enough for non investment savvy people like me, especially when there is no (or minimal) risk ....

 

[JivBunny]

Hi all,

Can I confirm that if I use CPF investment account to buy t-bills. Is considered a "loan" from my OA and I will need to "pay back the interest" for that period.

Ie,

If I use 100k to buy 6 months t-bills and I got it at 3.74%. CPF gives interest at 2.5% and if you loan from CPF, it will be 2.6%. So the extra is actually 3.74-2.6% ?

But I thought at the end of the day, we will still put back all the money plus earnings. So there is actually no difference?

 

[reddevil0728]

Hi all,

Can I confirm that if I use CPF investment account to buy t-bills. Is considered a "loan" from my OA and I will need to "pay back the interest" for that period.

Ie,

If I use 100k to buy 6 months t-bills and I got it at 3.74%. CPF gives interest at 2.5% and if you loan from CPF, it will be 2.6%. So the extra is actually 3.74-2.6% ?

But I thought at the end of the day, we will still put back all the money plus earnings. So there is actually no difference?

no.

you are confusing HDB loan of 2.6% with CPF OA interest rate.

ppl can use CPF OA to pay for house without taking HDB loan (so private house also can use CPF to pay).

If you were to use CPF to pay, when you sell your house, you have to pay back P + I then the rest in excess can take out as cash.

For Investment, you cannot even withdraw the cash in the first place. so is basically just refund everything after you sell

 

[JivBunny]

no.

you are confusing HDB loan of 2.6% with CPF OA interest rate.

ppl can use CPF OA to pay for house without taking HDB loan (so private house also can use CPF to pay).

If you were to use CPF to pay, when you sell your house, you have to pay back P + I then the rest in excess can take out as cash.

For Investment, you cannot even withdraw the cash in the first place. so is basically just refund everything after you sell

That was what I thought as well. But someone told me otherwise which I was confused, like my last paragraph. I thought whatever I buy with Tbills, using cpf, I can't even take a single cent out

 

[reddevil0728]

That was what I thought as well. But someone told me otherwise which I was confused, like my last paragraph. I thought whatever I buy with Tbills, using cpf, I can't even take a single cent out

yes you can't take a single cent out ah.