By The Boy Who Procrastinates - October 26, 2018 The application for the T2023-S$ Temasek Bond has closed on 23 Oct. With aggressive marketing for the past two weeks, information on the 5-year bond can be easily accessible on the Temasek website. The public offer has seen a subscription rate of over 8 times whereas the tranche for institutional investors was 7.19 times subscribed. Despite the euphoria around the Temasek's first retail bond, it has received lukewarm reception from The Boy who Procrastinates. Aside from the fixed interest rate of 2.7% per year and its Aaa/AAA credit rating by Moody's and S&P, I will assume the role of a devil's advocate and elucidate my reasons for not applying for the Temasek bond in this article. Investing with CPF Many have advocated using CPF to invest in Temasek Bond given that its interest rate is 0.2% higher than that of CPF OA at ......