I’ve idle funds mendacity in SRS account incomes meagre 0.1%.
Nice alternative prices incurred from ready on the sidelines so as to add funding for native banks comparable to OCBC or UOB shares into my extremely long-term SRS portfolio.
The share costs of native banks don’t have any signal of weakening within the short-term therefore I made a decision to deploy the idle SRS funds into both this month’s Singapore financial savings bonds (SSB) or Treasury Payments.
Because the public sale date for up to date tranche of T-Invoice is on 21 Dec 2022, in comparison with closing dateline of SSB on 27 Dec 2022, I made a decision to strive my luck to public sale for this tranche of T-Invoice, a short-term authorities debt safety with 6 month tenor, totally backed by the Singapore authorities and having an AAA credit standing.
The problem date is on 27 Dec 2022 and maturity date is on
…