THIS WEEK IN MARKETS
If you have some money sitting around in your bank or CPF account, there are now more options for you to earn a higher interest rate.
OCBC allows customers to make a 12-month fixed deposit with their CPF OA funds and earn 3.4% per annum.
UOB is offering a promotional interest rate of 3.55% p.a. for fixed deposits of S$10,000 and above.
According to the Beansprout community, DBS has a promotional interest rate of 3.80% p.a. for five months.
Such higher fixed deposit rates definitely offer an alternative to the T-bill, after some investors were not able to get their full allocation in the previous auction.
In this week’s feature story, we discuss how you can bid for the T-bill like a Pro!
Don’t forget to share our strategy for bidding to T-bill with your friends before the upcoming auction on 24 November! ...
