Today's six-months T-Bill is 3.99%pa

[Byebye Penis]

Today's six-months T-Bill is 3.99%pa
https://www.mas.gov.sg/bonds-and-bi...ill?issue_code=BS23113V&issue_date=2023-07-11


OCBC/UOB Fixed Deposits only 2.70%pa

 

[Byebye Penis]

6-7 months ago, OCBC used to give 4.18%pa for 8-mths and then dropped to 2.7%pa now
very steep fall

I think bank Fixed Deposits Rate will increase going forward

 

[laksaboy]

Does it matter? You're still fucked by the inflation, which is at least double digits %.

 

[k1976]

Does it matter? You're still fucked by the inflation, which is at least double digits %.

Tiagong, holy turth say 4-5% inflation De woh

Of course, after dun count this and dun count that lah

 

[Byebye Penis]

Does it matter? You're still fucked by the inflation, which is at least double digits %.

my inflation is mainly caused by GST & COE. In the past 6-12 months, oil prices, soft commodity prices have dropped and even SGD was very strong against other Asian currencies like Ringgit, Korean Won, Yen. Yet your groceries price, Hyundai and Toyota prices went up.

 

[sbfuncle]

Today's six-months T-Bill is 3.99%pa
https://www.mas.gov.sg/bonds-and-bi...ill?issue_code=BS23113V&issue_date=2023-07-11


OCBC/UOB Fixed Deposits only 2.70%pa

Uncle heard sgs t-bill usually only can get very little allocation as sinkie will snatch anything like hot cakes

 

[Byebye Penis]

Uncle heard sgs t-bill usually only can get very little allocation as sinkie will snatch anything like hot cakes

In recent months, T-bills was almost full allocation for non-competitive bids (small investors below $1million).

SSB's limit is $200K per pax at anyone time, the last 10-years SGS in June was about 3%pa. If you don't have more than $200K like SOS, you can consider SSB instead of SGS because both are 10-years tenor/maturity, and SSB can surrender anytime (with a short notice) and it is hard to offload SGS in resale market without a large spread. (Unless you think interest rates will big crash, then you make money from selling SGS before maturity)

 

[Byebye Penis]

Tiagong, holy turth say 4-5% inflation De woh

Everyone having a hard time. Even KTVs re-introduced $50 butterfly for HH 4-7pm. A year ago, HH was $100 for most venues.

By now, if we still got inflation, it would be self-inflicted.

 

[sbfuncle]

In recent months, T-bills was almost full allocation for non-competitive bids (small investors below $1million).

Last SGS tenor was 10-years, too long.

Recent mths all banks gave very good interest so noone wanted the t bill.
Now at near 4% should be back to hot cakes.

Uncle just find weird that few mths ago some banks offered near 4% fd and allowed for a long tenures so uncle thought interest rate gonna stay high for a long time but it isn't true looking at current situation is on downward trend.

 

[Byebye Penis]

Recent mths all banks gave very good interest so noone wanted the t bill.
Now at near 4% should be back to hot cakes.

Uncle just find weird that few mths ago some banks offered near 4% fd and allowed for a long tenures so uncle thought interest rate gonna stay high for a long time but it isn't true looking at current situation is on downward trend.

Local banks are quick to drop interest rates for Fixed Deposits
and slow to raise them.

UOB and OCBC got a lot of fixed deposits due to mature in the next 2-4 months, they will have to hike their fixed deposits soon.

 

[syed putra]

my inflation is mainly caused by GST & COE. In the past 6-12 months, oil prices, soft commodity prices have dropped and even SGD was very strong against other Asian currencies like Ringgit, Korean Won, Yen. Yet your groceries price, Hyundai and Toyota prices went up.

So its a artificial inflation created by PAP.

 

[batman1]

Ask Lawrence Wong he giving out more CDC vouchers ?

 

[k1976]

Everyone having a hard time. Even KTVs re-introduced $50 butterfly for HH 4-7pm. A year ago, HH was $100 for most venues.

By now, if we still got inflation, it would be self-inflicted.

Tiagong, Chiobu Amdl coming to sing and sing and let inflation huat to the sky De woh

 

[Byebye Penis]

Tiagong, Chiobu Amdl coming to sing and sing and let inflation huat to the sky De woh

taylor got the body of a young gal, she not DL
https://www.smh.com.au/lifestyle/be...-boob-job-rumours-are-in-20160712-gq3wad.html

 

[Byebye Penis]

Ask Lawrence Wong he giving out more CDC vouchers ?

SOS also needs plastic bags discount voucher for his supermarketing.

 

[k1976]

So its a artificial inflation created by PAP.

Pump Ron95 per Litre price also goes up smelly smelly $1

2020-2021 - $1.75
2023 - $2.78