I nonetheless have idle funds mendacity in SRS account incomes meagre 0.05%.
Nice alternative prices incurred from ready on the sidelines so as to add funding for native banks resembling OCBC or UOB shares into my 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 newest tranche of Treasury Invoice.
The public sale date for up to date tranche of T-Invoice is on 18 Jan 2023 and 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, absolutely backed by the Singapore authorities and having an AAA credit standing.
The problem date is on 25 Jan 2023 and maturity date is on 25 Jul 2023. Outcomes will probably be out on 18 Jan 2023, 1pm.