No, this post is not about me. In case you did not know, I have hardly any disposable OA funds to deploy.
Instead, this is me strategizing for my in-laws, who have been procrastinating with regards to deploying their sizeable OA balance into T-bills or SGS bonds. A couple of months ago, they made a trip to UOB (their CPF agent banks), took back a form, and then that was it. They missed the auction date for that round of T-bill and there was no action since.
As they said, you can lead the horse to water but you can’t make him drink. But maybe this time round, I would need to scoop the water up to the mouth.
Attractive SGS 2 Year Bond
6-month T-bills are pretty common. There are two issues a month. For 1-Year T-bills, they are less common since there will only be 4 issues in a year. The next 1-Year T-bill is sometime in April....