T-Bills rates are dropping. Time to lock-in your fixed-deposits.

[Ng Cheh Hwang]

6M T-Bills falls of 2.38%pa.
Almost 3-Years lows
https://www.businesstimes.com.sg/co...ngapore-six-month-t-bill-cut-yield-falls-2-38

 

[Boonsiong]

I put some money in chocolate finance

 

[Ng Cheh Hwang]

3M T-Bills now 1.38%pa
https://www.businesstimes.com.sg/co...ngapore-six-month-t-bill-cut-yield-falls-1-38

Fixed Deposits mostly below 1.25%pa

 

[Boonsiong]

3M T-Bills now 1.38%pa
https://www.businesstimes.com.sg/co...ngapore-six-month-t-bill-cut-yield-falls-1-38

Fixed Deposits mostly below 1.25%pa

I deposited some money in chocolate finance

Last Friday, I withdrew some money to test it out, I received the money on Monday afternoon. Not bad
So I continue to put some saving into chocolate finance

 

[Ng Cheh Hwang]

I deposited some money in chocolate finance

Last Friday, I withdrew some money to test it out, I received the money on Monday afternoon. Not bad
So I continue to put some saving into chocolate finance

Thread 'Shadow Banking in Singapore'

Apr 24, 2024

In recent years, we have online investment platforms, finance startups, robo-advisors, startups, foreign brokerages that offer short-term deposit schemes that pay higher than our bank/finance companies deposit rates. Let's say I placed my deposits with one called eHY+.

Eg. Our bank offer 3.2%pa for your fixed deposits, and eHY+ offer 4.2%pa for your deposits with shorter lock-in period or tenors.

These institutions operate like shadow banks in our financial market, I had tried them and noticed that they were vague in their disclosures, and often cite "MAS" or "SDIC" to mislead...

• Ng Cheh Hwang
• Replies: 26
• Forum: The Courtyard Café

• 

 

[KingFook Sr]

3M T-Bills now 1.38%pa
https://www.businesstimes.com.sg/co...ngapore-six-month-t-bill-cut-yield-falls-1-38

Fixed Deposits mostly below 1.25%pa

Try POSB's casa deposit. They offer 1.58% pa for a 4-year 4-month tenure.

 

[cowbellc]

I deposited some money in chocolate finance

Last Friday, I withdrew some money to test it out, I received the money on Monday afternoon. Not bad
So I continue to put some saving into chocolate finance

ya put in t bills drop like files. chocolate money, thking of putting in some

 

[Ng Cheh Hwang]

Try POSB's casa deposit. They offer 1.58% pa for a 4-year 4-month tenure.

this one is also capital guaranteed, 2-Years at 2.1%pa
Promotion closing soon
https://www.fwd.com.sg/savings-insurance/save-smart-series/

 

[KingFook Sr]

Thread 'Shadow Banking in Singapore'

Apr 24, 2024

In recent years, we have online investment platforms, finance startups, robo-advisors, startups, foreign brokerages that offer short-term deposit schemes that pay higher than our bank/finance companies deposit rates. Let's say I placed my deposits with one called eHY+.

Eg. Our bank offer 3.2%pa for your fixed deposits, and eHY+ offer 4.2%pa for your deposits with shorter lock-in period or tenors.

These institutions operate like shadow banks in our financial market, I had tried them and noticed that they were vague in their disclosures, and often cite "MAS" or "SDIC" to mislead...

• Ng Cheh Hwang
• Replies: 26
• Forum: The Courtyard Café

• 

Do not be tempted by such 'exotic platforms'... stick to legacy institutions like the Big 3 in SG (DBS, UOB, and OCBC).
Be aware that the next big crash (led by the USD) is looming.

 

[Ng Cheh Hwang]

Do not be tempted by such 'exotic platforms'... stick to legacy institutions like the Big 3 in SG (DBS, UOB, and OCBC).
Be aware that the next big crash (led by the USD) is looming.

Yes, those platforms don't guarantee your savings. Their proxy banks guarantees their money, not a direct guarantee to you.

I think USD might not crash
if Fed don't drop interest rates on 17th Sept (US Time), there will be another USD liquidity crisis/shortage.

 

[KingFook Sr]

this one is also capital guaranteed, 2-Years at 2.1%pa
Promotion closing soon
https://www.fwd.com.sg/savings-insurance/save-smart-series/

Didn't know casa offers 2-Year tenures.

 

[Ng Cheh Hwang]

Didn't know casa offers 2-Year tenures.

casa???

 

[KingFook Sr]

I think USD might not crash
if Fed don't drop interest rates on 17th Sept (US Time), there will be another USD liquidity crisis/shortage.

USD was SG$1.37 in Jan 2025. Now it is SG$1.28.
That's a >6.5% loss.
.
You are right. Not a crash?

 

[KingFook Sr]

casa???

POSB casa promotion.

 

[Ng Cheh Hwang]

USD was SG$1.37 in Jan 2025. Now it is SG$1.28.
That's a >6.5% loss.
.
You are right. Not a crash?

I thought u meant, going forward.

SGD appreciated against almost everyone in recent years

 

[Ng Cheh Hwang]

POSB casa promotion.

FWD is not POSB
it is an insurer.

Disclaimer: not asking u to put into FWD

 

[ftan42]

The Federal Reserve is facing a difficult decision, with two conflicting signals emerging:
Labor Market with 1M job revision down: This suggests that reducing interest rates could help prevent a recession.
Persistent Inflation: Despite a softening labor market, core consumer prices remain high, averaging around 3.1% annually as of September 2025. The impact of tariffs may further contribute to this issue.

 

[iluvgst]

Stagflation