Singapore Treasury bills (T-bills)

[harky]

yes look at cut-off yield.

latest where u see is 2.78?

oh i see wrong lor

 

[iosnewbie]

Is it still worth investing in t bills with cash, given the lowering yields? My first t bills from 6 months ago matured and thinking if I should bid for the next round or pivot to bank deposits with short term promos with 3+ % pa interest over 2-3 months.

 

[reddevil0728]

Is it still worth investing in t bills with cash, given the lowering yields? My first t bills from 6 months ago matured and thinking if I should bid for the next round or pivot to bank deposits with short term promos with 3+ % pa interest over 2-3 months.

If it’s higher than your next best alternative yes.

but you wouldn’t know for sure until the auction is over.

so the question is whether it is worth sacrificing one day of yield to take a punt for you.

 

[gregory_choo]

If it’s higher than your next best alternative yes.

but you wouldn’t know for sure until the auction is over.

so the question is whether it is worth sacrificing one day of yield to take a punt for you.

9 days, not 1 day

 

[reddevil0728]

9 days, not 1 day

Why 9 days? Do you mean cause after maturity, the next auction is 9 days away?

if that’s the case yea.

you see if the additional few bp is even worth it?

 

[camholicx]

Need to seek some advice.

My T-bill using CPF-OA (thru DBS) has matured and the sum has returned back to DBS. How do I put back into CPF-OA?

THank you.

 

[reddevil0728]

Need to seek some advice.

My T-bill using CPF-OA (thru DBS) has matured and the sum has returned back to DBS. How do I put back into CPF-OA?

THank you.

u need to initiate a refund if u want to do it "immediately"

https://www.dbs.com.sg/personal/support/investment-cpfis-transfer-to-oa.html

 

[gregory_choo]

Need to seek some advice.

My T-bill using CPF-OA (thru DBS) has matured and the sum has returned back to DBS. How do I put back into CPF-OA?

THank you.

go to dbs banking website and select refund to cpf.
but,
why dont apply t bill again ? if you return to cpf now, you forfeit this month's interest. if you apply again, you will forfeit one month interest in 6 month's time. i.e if t bill yield is more than 2.5%, more money for you.

 

[Cumzilla]

go to dbs banking website and select refund to cpf.
but,
why dont apply t bill again ? if you return to cpf now, you forfeit this month's interest. if you apply again, you will forfeit one month interest in 6 month's time. i.e if t bill yield is more than 2.5%, more money for you.

mine also returned today to my CPF OA, since I will not get any interest for this month already, if I bid for the one that opens today, I will still only lose 1 month of interest correct?

 

[gregory_choo]

mine also returned today to my CPF OA, since I will not get any interest for this month already, if I bid for the one that opens today, I will still only lose 1 month of interest correct?

assuming you keep on rolling 6m t bill, you will lose about one month interest, because there is a 14day gap between matured bill and new issue.

 

[juelim]

So quiet.....

 

[reddevil0728]

So quiet.....

lol cause rate came down a lot liao ma

 

[bargin]

T bills interest rate no more attractive

 

[sglandscape]

So quiet.....

now around 3%, can shop around for FDs instead

 

[ericcsn]

Still good for SRS and CPF in my case.
Preserve my principals as long as they are better than the 2.6% (long term) inflation.

 

[lzydata]

Around 3% but might be higher than the last auction. Less than one hour to go

 

[PhantomOpera]

My T bill (using CPF OA) coming back on 22 Oct. Should I put it back to CPF or reinvest in another 6m T bills? Any advice? Thanks

 

[reddevil0728]

My T bill (using CPF OA) coming back on 22 Oct. Should I put it back to CPF or reinvest in another 6m T bills? Any advice? Thanks

Eh, logic says that so long as it is above breakeven, then you will be better off? So just bid above breakeven? Provided the next auction happens before end of month for u to have time to refund if not successful?

 

[PhantomOpera]

Eh, logic says that so long as it is above breakeven, then you will be better off? So just bid above breakeven?

I read from Seedly that the breakeven rate for 6m is 2.92% (1 mth lag). So means I shd bid for 2.93%?

Provided the next auction happens before end of month for u to have time to refund if not successful?

The next 6m auction date is 24 Oct and issue date is 29 Oct. Can I still do the refund in time before end Oct? If I am not successful, when will the refund come back to my CPFOA?

Thanks!

 

[reddevil0728]

I read from Seedly that the breakeven rate for 6m is 2.92% (1 mth lag). So means I shd bid for 2.93%?

You got factor in the fees?

The next 6m auction date is 24 Oct and issue date is 29 Oct. Can I still do the refund in time before end Oct? If I am not successful, when will the refund come back to my CPFOA?

Thanks!

If u not successful u can refund on the auction date itself