@ such low yield, CPF Board should sell SGS Bonds back to MAS
#1

@ such low yield,  CPF Board should sell SGS Bonds back to MAS.

If possible, selling everything to MAS as today, there are far better alternative.

Just do it to protect the interest of more than 4 mio CPF members.
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#2

ice cream melts
up is down down is up
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#3

(07-10-2022, 01:49 AM)Scythian Wrote:  @ such low yield,  CPF Board should sell SGS Bonds back to MAS.

If possible, selling everything to MAS as today, there are far better alternative.

Just do it to protect the interest of more than 4 mio CPF members.
Ban cpf the best !

Do not talk to a fool for he will scorn  the wisdom of your words 
☝️
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#4

if you feel that it is too low, use your cpf money to buy sgs t-bill or bonds.
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#5

(07-10-2022, 09:37 AM)drgn Wrote:  if you feel that it is too low, use your cpf money to buy sgs t-bill or bonds.

Same rates
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#6

agree sell back old lesser yield bonds/fixed income securities to buy new higher yielding bonds. In the bond market, most pension funds play around with such strategies. Bonds market has many maturities, and the bond dealers will keep on utilizing many strategies by switching long dated with short dated, short dated with long dated to show in that year, the funds made huge profits (to get bigger bonuses!).
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#7

(07-10-2022, 09:37 AM)drgn Wrote:  if you feel that it is too low, use your cpf money to buy sgs t-bill or bonds.

friends not all elderlys know how to buy spore gvot bond
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#8

(07-10-2022, 11:19 AM)Scythian Wrote:  Same rates

Australia can help?
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#9

(07-10-2022, 01:31 PM)talky Wrote:  friends not all elderlys know how to buy spore gvot bond

SGS Bonds are low yield and Banks required to buy for liquidity base purposes.

Lose money trading SGS Bonds.

FD rates higher
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#10

(07-10-2022, 01:31 PM)talky Wrote:  friends not all elderlys know how to buy spore gvot bond

3 discount houses trading T Bills and SGS Bonds, all closed down 20 years ago.
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#11

In the bond market there is the primary dealing market and the secondary market. At Wall St and all other financial centres. Just like SGX retail investors/players do not deal directly with SGX who will only deal with brokers whose accounts are with SGX. Going forward if SSB and other fixed income securities can gather a sizeable figure of a few hundred thpusand millions$ good to have a secondary market for the retailers.
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#12

(07-10-2022, 02:12 PM)A2Z Wrote:  In the bond market there is the primary dealing market and the secondary market. At Wall St and all other financial centres. Just like SGX retail investors/players do not deal directly with SGX who will only deal with brokers whose accounts are with SGX. Going forward if SSB and other fixed income securities can gather a sizeable figure of a few hundred thpusand millions$ good to have a secondary market for the retailers.

CPF is the biggest holder of SGS Bonds.
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#13

(07-10-2022, 01:34 PM)Scythian Wrote:  SGS Bonds are low yield and Banks required to buy for liquidity base purposes.

Lose money trading SGS Bonds.

FD rates higher

now the t-bill is 3.3%
sgs bond is 3.2%

where to find FD higher than them??
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#14

(07-10-2022, 04:33 PM)drgn Wrote:  now the t-bill is 3.3%
sgs bond is 3.2%

where to find FD higher than them??

If both TBills and SGS Bonds is 3.3% and 3.2% then

CPF members got fucked

Daylight robbery
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#15

(07-10-2022, 04:33 PM)drgn Wrote:  now the t-bill is 3.3%
sgs bond is 3.2%

where to find FD higher than them??

T Bills usually 90 days (3.30% is fantastic)

SGS Bonds usually 5 years (3.2% is low) lousy
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#16

(07-10-2022, 01:36 PM)Scythian Wrote:  3 discount houses trading T Bills and SGS Bonds, all closed down 20 years ago.

I bought bonds through my stock broker many years ago. But I don't see any sign of them there anymore when I log in.
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#17

(07-10-2022, 07:10 PM)Scythian Wrote:  T Bills usually 90 days (3.30% is fantastic)

SGS Bonds usually 5 years (3.2% is low) lousy

No 90 days TBills in Singapore
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#18

(07-10-2022, 08:32 PM)Ahnya Wrote:  No 90 days TBills in Singapore

minimum 6 months
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#19

(07-10-2022, 10:23 PM)drgn Wrote:  minimum 6 months

It used to be 90 days T Bills but has since stopped and superceded with 6 months

You are right. Thks
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#20

..
And put all CPF savings with Citibank
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#21

climate change How dare you 24deg.C
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