Read? Issuing limits raised for Singapore government securities and treasury bills
Read? CPF members added $1.6b to retirement funds from January to October, up from a year ago
THE issuing limits for government securities and treasury bills have been raised to meet Central Provident Fund (CPF) needs and cater to growing investor demand, with Parliament having voted to authorise this on Tuesday.
Special Singapore Government Securities (SSGS) are non-tradable bonds issued primarily to meet the investment needs of the CPF; Singapore Savings Bonds are issued to provide a long-term savings option for individual investors.
Hmm .. investment needs of the CPF???
To pay interests? Right?...