I used to be a fixed deposit person, putting my money in fixed deposit to earn the interests. So when I found out that this low risk instrument earns better than fixed deposit (or at least for this month), I am totally surprised! Based on risk and liquidity, should fixed deposit will yield better interest than them for the same tenure. Let me give you some examples: -  UOB gives a 1.2% per annum interest (with minimum deposit of $20,000) for a 10 month fixed deposit - OCBC gives a 1.18% per annum interest (with minimum deposit of $20,000) for a 12 month fixed deposit - Standard chartered gives their non- priority members 1.2% per annum for a 7 month tenor, and 1.3% per annum for a 10 month tenor, with minimum placement of $25,000. For their ......