One week ago, I blogged about the 6 months T-bill with a yield of 3.9% p.a. I said that I was disappointed. However, I was not massively disappointed as 3.9% was still higher than the promotional fixed deposit rates from DBS, UOB and OCBC for a 6 months tenor. Today, I woke up to a 4% p.a. promotional fixed deposit interest rate for a 6 months tenor! Granted that it is not from DBS, UOB or OCBC but from CIMB but it is still exciting for me since I have a relationship with CIMB and can place fixed deposits easily using the phone app without having to visit the bank. Yes, I don't particularly enjoy visiting banks. Some readers might remember that I said I was leaning towards fixed deposits as long as their promotional interest rates remained relatively high after the last T-bill auction. Well, 4% p.a. for a 6 months tenor fixed deposit has really done this for me....