Earn a potentially higher interest rate on your CPF OA by buying the T-bill. Is it worthwhile?
TL:DR
If your total CPF balance is below S$60,000, then you will not be able to make investments using your CPF Ordinary Account. In any case, you will be able to earn an extra interest of 1% per annum on the first $60,000 of your combined CPF balances.If you have more than $20,000 in your CPF Ordinary Account (OA) and $40,000 in your Special Account (SA), then it might be worth considering investing in the SGS Bond or T-bill if they offer a higher interest rate.However, you will lose one month of CPF interest payment when you use your CPF to invest in the T-bill or SGS Bond. As such, it is generally more worthwhile to use your CPF OA to invest in the T-bill or SGS Bond when the bond has a longer maturity or when interest rates are higher. There are also risks relating to investing in the T-bill and...
