🔑 Key Highlights: Singaporeans who invested in T-Bills using their CPF Income Scheme (CPFIS) Ordinary Account (OA) should have received their maturity proceeds by now. Maturity proceeds are typically credited back to the investor’s CPFIA account, and they need to manually transfer the funds back to their CPF OA to qualify for OA interest for […]

🔑 Key Highlights: The recent MAS Singapore Government Securities (SGS) bond sale (GX24110N) garnered a total application amount of S$99.6 million, with S$92.2 million allotted within individual allotment limits. This represents a relatively low demand, with approximately 15% of applicants exceeding their allotted limits. On the other hand, the upcoming December bond sale (GX24120F) boasts […]

🔑 Key Highlights:– Several banks in Singapore have updated their fixed deposit (FD) rates, with some offering competitive rates for short-term placements.– Maybank has revised its rates, with the 6-month FD rate decreasing from 3.45% to 3.25% and the 12-month FD rate remaining unchanged at 2.95%.– Some users are exploring alternative options, such as Maribank’s […]