You can now apply for T-bills online, kudos to DBS, who finally made it seamless for investors. No more going down to the branch to queue up! Time is money!
| Source: CPF |
Let me share my experience. After you logged into your DBS online account, mouse over "Invest" and select "Singapore Government Securities".
Thereafter, select T-Bills and click Next
Select the only T-bill that is available at this moment and click Next
Select CPF-OA and thereafter, fill in the details.
Then key in the details of how much you want to apply using CPF-OA, including whether you want to put in a competitive bid or not. Putting a competitive bid is just to prevent a "freak incident" like a $5,000 COE? 😅
My own gut feel is the rate this time should range between 3.8% to 4%, so if you are happy with 3.8%, you can be brave and select "Non-Competitive Bid".
Having said that, I selected a
