Singapore Treasury bills (T-bills)

[reddevil0728]

have you tried reading or searching about the breakeven? it's been talked about many times... can't recall the exact values.

regardless I doubt it's worth using CPF-OA anymore for the coming issues with the downward trend of the rates. most likely below 3%... no eye see..

I'm also rolling over but using SRS. still decent (since SRS only getting 0.05%).

if it's rolling forward from another 1 the breakeven will be lower. n is not talked about as much

 

[ctan84]

have you tried reading or searching about the breakeven? it's been talked about many times... can't recall the exact values.

regardless I doubt it's worth using CPF-OA anymore for the coming issues with the downward trend of the rates. most likely below 3%... no eye see..

I'm also rolling over but using SRS. still decent (since SRS only getting 0.05%).

For 1 month lag (i.e. u forfeit 1 month of CPF interest), breakeven points are 2.92% for 6-mth and 2.71% for 1-yr T-bill, respectively. For 2 months lag, its 3.33% for 6-mth and 2.92% for 1-yr. Figures from a Sunday Times article a few weeks ago.

 

[reddevil0728]

For 1 month lag (i.e. u forfeit 1 month of CPF interest), breakeven points are 2.92% for 6-mth and 2.71% for 1-yr T-bill, respectively. For 2 months lag, its 3.33% for 6-mth and 2.92% for 1-yr. Figures from a Sunday Times article a few weeks ago.

this assumes u dun roll over... the other poster is talking about rolling over.

 

[ctan84]

this assumes u dun roll over... the other poster is talking about rolling over.

Roll over will be 2 months lag, no ? Is just end of the day how many months of OA interest u will forfeit, isn't it?

 

[reddevil0728]

Roll over will be 2 months lag, no ? Is just end of the day how many months of OA interest u will forfeit, isn't it?

if the month where it matures, n u can immediately re-invest..

for a 6m t-bill with 1m lag. can become a 12m t-bill with 1month lag

 

[ctan84]

if the month where it matures, n u can immediately re-invest..

for a 6m t-bill with 1m lag. can become a 12m t-bill with 1month lag

Then just use this approach to infer from the figures I provided loh. As long the person knows how many months lag there are, then ok liao mah.

 

[reddevil0728]

Then just use this approach to infer from the figures I provided loh. As long the person knows how many months lag there are, then ok liao mah.

yea sure. but that's not the issue right.

some people just don't have the ability to figure how it works out...

n got diff permutation?

6m roll into 12m

12m roll into 6m

6m into 6m

12m into 12m

 

[ctan84]

yea sure. but that's not the issue right.

some people just don't have the ability to figure how it works out...

Then these people might be better off just leaving the money in their OA/SA untouched lah.

 

[reddevil0728]

Then these people might be better off just leaving the money in their OA/SA untouched lah.

these people already expect to be spoonfeed. not sure if they will think that way ma.

 

[EDMW-Hates-Me]

I have 6 digits of tbills coming back. How now brown cow? Where is the best place to park safely for around 5 years?

 

[reddevil0728]

I have 6 digits of tbills coming back. How now brown cow? Where is the best place to park safely for around 5 years?

What have you been doing before t-bill?

 

[dork32]

Roll over will be 2 months lag, no ? Is just end of the day how many months of OA interest u will forfeit, isn't it?

there is no such thing as 2 month lag for rollover

 

[reddevil0728]

there is no such thing as 2 month lag for rollover

technically there is... if you rollover the following month lol.

 

[dork32]

technically there is... if you rollover the following month lol.

no. this is because you do not count the month that the money comes back in. the interest that has been lost was already calculated in the previous round

 

[reddevil0728]

no. this is because you do not count the month that the money comes back in. the interest that has been lost was already calculated in the previous round

ah right ok.

 

[gregory_choo]

For 1 month lag (i.e. u forfeit 1 month of CPF interest), breakeven points are 2.92% for 6-mth and 2.71% for 1-yr T-bill, respectively. For 2 months lag, its 3.33% for 6-mth and 2.92% for 1-yr. Figures from a Sunday Times article a few weeks ago.

this is assuming you only buy it once, i.e take $ from cpf account and return $ to cpf once matured.

if rolling continuously, break even point is about 2.75%

 

[harky]

https://www.mas.gov.sg/bonds-and-bi...ill?issue_code=BS21101T&issue_date=2021-01-26

Jan 2021… COY of 0.3%
Bid to cover of 2.78

vs the latest 2.97% 2.05

on that basis it’s surprisingly low in fact?

so the latest is 2.78 ah

 

[reddevil0728]

so the latest is 2.78 ah

depends on what are you talking about

 

[harky]

depends on what are you talking about

t-bill 6mth interest lor.. isit look at the Cut-off Yield?

 

[reddevil0728]

t-bill 6mth interest lor.. isit look at the Cut-off Yield?

yes look at cut-off yield.

latest where u see is 2.78?