What occurred?
Rates of interest have been very falling in latest months. In October, I observed that the yield of the Singapore 6-month T-bill and Singapore Financial savings Bonds has declined. Some banks have lower their fastened deposit charges too. Because of this, there was loads of dialogue within the Beansprout group about the place we will park our money to earn a better yield. On this article, I’ll share the next: Newest rates of interest on fastened deposits, T-bills, SSBs and cash market fundsAdvantages and drawbacks of placing your money into these optionsWhat I might contemplate in deciding between fastened deposits, T-bills, SSBs and cash market fundsMy technique for parking my money to earn a better yield
Greatest 3-month fastened deposit charge in Singapore of three.05% p.a.
Firstly, let’s check out one of the best fastened deposit charges in Singapore in September. The perfect 3-month fastened deposit charge is 2.90% p.a….
