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Apply for T-bills using CPF OA via DBS i-banking: A step-by-step guide
By Beansprout  •  January 29, 2023
There has been significant demand for Singapore Treasury Bills (T-bills) with the high interest rates in recent auctions. For example, you can potentially earn up to $530 more by investing S$100,000 of your CPF Ordinary Account (OA) funds in the 6-month T-bill based on the latest yield of 4.0% p.a.  However, for many of us in Singapore who wish to apply for T-bills using CPF OA, it has always been a big hassle to queue at the bank branch. Here’s the good news! DBS now allows you to apply for the T-bills using CPF OA via DBS internet banking (i-banking). This means that you can now apply for the T-bills in the comfort of your home, rather than having to wait for a few hours at the bank. Let’s go through the steps that you can apply for T-bills using CPF OA via DBS i-banking. How to apply for T-bills using CPF OA through DBS i-banking: A step-by-step guide...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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