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.
Whatever the reason, if you’re hoping to reap a higher return on your excess cash, T-bills might just be your answer. In this guide, we will dive into the ins and outs of T-bills so you can decide if they’re a good addition to your portfolio.T-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.
And the third reason is to get both domestic and foreign issuers and investors to participate in the Singapore bond market.
yeap i invest in mr toto..shud hab invest in pinnoy lotto