reddevil0728
Great Supremacy Member
- Joined
- Dec 16, 2005
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lets use 2 examplesHow is it that u only lose 7 mths of CPF interest? I tot the months where your CPF $$ gets deducted or credited back in will not have any interest? So effectively moving in & out CPF monies from CPF acct in separate months, u will lose at least 2mths of interest.
Eg. Let's say in Sep u applied for T-bills & was successful, if CPF gets deducted in Sep to pay Tbills, regardless of any period in Sep, tat amt will not earn interest for CPF in Sep. After 6 mths, redeem from Tbills, that month when CPF credits back in, also no CPF interest. So its 2 mths of no interest fr CPF.
BS22118H
Auction Date: 15 Sep 22
Issue Date: 20 Sep 22
Maturity Date: 21 Mar 23
Assume you apply 14 Sep and it gets deducted the same day
No interest in
Sep - 1
Oct - 2
Nov - 3
Dec - 4
Jan - 5
Feb - 6
Mar - 7
BS22119T
Auction Date: 29 Sep 22
Issue Date: 4 Oct 22
Maturity Date: 4 Apr 23
Assume you apply 18 Sep and it gets deducted the same day
No interest in
Sep - 1
Oct - 2
Nov - 3
Dec - 4
Jan - 5
Feb - 6
Mar - 7
Apr - 8