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"Ordinary Account interest rate
Interest rate from 1 October 2022 to 31 December 2022: 2.5% per annum
Reviewed quarterly, this rate is computed based on the 3-month average of major local banks' interest rates1 (subject to the legislated minimum interest of 2.5% per annum)."
https://www.cpf.gov.sg/member/growing-yo...er%20annum).
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(19-10-2022, 07:57 PM)Scythian Wrote: "Ordinary Account interest rate
Interest rate from 1 October 2022 to 31 December 2022: 2.5% per annum
Reviewed quarterly, this rate is computed based on the 3-month average of major local banks' interest rates1 (subject to the legislated minimum interest of 2.5% per annum)."
Why basing on 3 months rate and not 30 years interest rate?
(This post was last modified: 19-10-2022, 08:00 PM by
Scythian.)
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"The Singapore 10Y Government Bond has a 3.536% yield.
10 Years vs 2 Years bond spread is 19.2 bp.
Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.89% (last modification in October 2022)."
Posts: 25,339
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"The Singapore 10Y Government Bond has a 3.536% yield.
10 Years vs 2 Years bond spread is 19.2 bp.
Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.89% (last modification in October 2022)."
![](https://i.imgur.com/CLvY2jA.png")
