OCBC FD promotion 8 mths 4.18% 12 mths 3.7%
#1

Shorter period higher than longer period.

Does it expect rate to fall?  

Anyway, I just put in for 8 months then see whether rate will fall or not?  

I don't think rate will fall soon.  

.
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#2

(16-01-2023, 08:14 AM)webinarian Wrote:  Shorter period higher than longer period.

Does it expect rate to fall?  

Anyway, I just put in for 8 months then see whether rate will fall or not?  

I don't think rate will fall soon.  

.

So to put money in 8 months is better than to put it in 12 months, the FD I mean............ Laughing Thinking
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#3

Very strange rates actually... As good as telling you they expect debts to be paid to outside within 8mths (e.g. USA or Japan pulls carpet), and then within 8 to 12mth timeframe a recession.
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#4

I have already said many times.
Rate will only go up lah. Rotfl

It is very expensive to borrow $$$ now.
US cannot print $$$ like in the past now.
The more the printing, the higher the inflation rise.


Only China now is seriously tackling their debt issue. Well done China!

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#5

Ya, shorter is better LOls
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#6

https://www.zaobao.com.sg/wencui/politic...329628?amp

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#7

(16-01-2023, 08:14 AM)webinarian Wrote:  Shorter period higher than longer period.

Does it expect rate to fall?  

Anyway, I just put in for 8 months then see whether rate will fall or not?  

I don't think rate will fall soon.  

.

Once recession, cash is king
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#8

Thanks for sharing
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#9

wah looks like everywhere needs short term money... Will T-bills go higher? Rotfl
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