WebApr 4, 2024 · Pros and Cons of Investing in T-Bills. Pros. Cons. Low minimum investment requirement (S$1,000) Relatively low rate of returns. Can be bought and sold easily in the … WebDec 12, 2024 · Source: UOB. If you have less than S$30,000 in your savings account, you will only enjoy an interest rate of 3.85% p.a. This is almost half of the advertised high-interest rate of 7.8% p.a. This is in contrast to the six-month tenor for Singapore Treasury Bills, released on 8 December 2024, which has an interest rate of 4.30%.
6-month Treasury bills still popular as investors seek ‘safe ...
WebDec 5, 2024 · We can invest our OA funds into Singapore Government Bonds (SGBs) and Treasury Bills as well. These investments have been gaining in popularity in 2024, following a steep rise in benchmark interest rates, while the interest rate paid by CPF OA has remained flat at 2.5% per annum. In terms of risk, Singapore Government Bonds and T-bills carry ... Web- Other Gold products (only UOB offers these new gold products) To help boost retirement savings, the Government pays extra interest on the first $60,000 of your combined CPF balances, which is capped at $20,000 for Ordinary Account (OA). Please refer to details on extra interest in the table below. Age Extra interest hcd transfer of ownership
How to buy Singapore Treasury Bill (T-Bill) using CPF, SRS, Cash
WebJan 17, 2010 · Singapore Treasury bills (T-bills) ... The upcoming T-bill issuance auction date comes 1 day before MAS monetary policy decision. ... I.e I applied T bills through DBS for the last round. Can I apply through UOB now? Report. reddevil0728 Great Supremacy Member. Joined Dec 16, 2005 Messages 54,339 Reaction score Web1 day ago · UOB is promising 3.55 per cent for a minimum placement of $10,000 for either six or 10 months. The T-bill auction next Thursday will be for one-year T-bills. Market watchers expect more interest ... WebThis “step up” feature of the SSB reflects the objective of the Savings Bond programme, which is to facilitate long-term savings and investment. Coupon rates for each issuance … hcd transfer on death