What Are Singapore Treasury Bills and Are They a Good Investment? -

T-Bills September 2022 RatesKick-Start Your Investment JourneyT-bills are short-term Singapore Government Securities issued at a discount from their face value, and they pay a fixed interest rate. Their maturity periods are as short as six months and a year, with six months being more common.

Second, is to foster the growth of an active secondary market for both cash transactions and derivatives to enable efficient risk management. So for instance, an investor who buys a six-month T-bill worth S$10,000 with a yield of 3% p.a. need only pay S$9,850 upfront. At the end of the tenor, he will receive the full S$10,000 and therefore earn S$150.Singapore is one of just 11 countries in the world — including Finland and Switzerland — that have the AAA credit rating. And since T-bills are backed by the Singapore Government, they are considered a very low-risk investment .

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What are Singapore treasury bills and are they a good investment?We all know by now that it’s not the best idea to leave our excess cash in a bank savings account. After all, with some savings accounts giving as low as 0.05 per cent per annum interest, the meagre returns are insufficient in helping us beat inflation in the long run. Meanwhile, high-yield savings accounts such as multiplier accounts with... yeap i invest in mr toto..shud hab invest in pinnoy lotto
Source: asiaonecom - 🏆 10. / 59 Read more »

4 Low-Risk Investment Alternatives to Fixed Deposits -The last few years have seen the rise of other investment options that serve as alternatives to FDs, such as government bonds, equity funds, and more to combat the mounting inflation.
Source: IndependentSG - 🏆 2. / 72 Read more »