Good Time to all in CPF for T Bills

 As i had written in a separate post, anything above 3.45% in T bills rate is better than CPF OA.

With this first hurdle cleared, the second question is when is a good time to utilise a large amount of CPF OA into T bills. In my view, the time is now.

Interest Rates for Singapore Bonds are Flattening

On the international market front. yields for Singapore bills/bonds are not going up. The daily yield for MAS T bills issues have remained the same for the past 1 month  and my expectation is that rates are not going to increase much henceforth. 

Similarly, the SORA has demonstrated the same trend where it has not increased but decreased a little. This is due to the expectation that the US Fed may hike at least 1 or 2 more times and they have kept inflation in control

Expectations for Latest T-Bill rates

Based on the latest issue, T bills yield has fallen by about 0.06% since 06 July 2023 which was the latest T bill issue tranche. I expect similar mangitude in fall and this tranche of T bill should be about 3.95%.