World's 3rd largest financial centre pension funds uses 3M Banks FD to fix $400b AuM - Printable Version
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: World's 3rd largest financial centre pension funds uses 3M Banks FD to fix $400b AuM (/Thread-World-s-3rd-largest-financial-centre-pension-funds-uses-3M-Banks-FD-to-fix-400b-AuM)
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: World's 3rd largest financial centre pension funds uses 3M Banks FD to fix $400b AuM (/Thread-World-s-3rd-largest-financial-centre-pension-funds-uses-3M-Banks-FD-to-fix-400b-AuM)
World's 3rd largest financial centre pension funds uses 3M Banks FD to fix $400b AuM - Scythian - 22-10-2022
World's 3rd largest financial centre pension funds uses average 3Month Banks FD for fixings $400 billions AuM.
As CPF members, Is that logical?
CPF Board Annual Statements shows nothing on Assets " Banks Fixed Deposits"
RE: World's 3rd largest financial centre pension funds uses 3M Banks FD to fix $400b AuM - Scythian - 22-10-2022
(22-10-2022, 06:52 AM)Scythian Wrote: World's 3rd largest financial centre pension funds uses average 3Month Banks FD for fixings $400 billions AuM.
As CPF members, Is that logical?
CPF Board Annual Statements shows nothing on Assets " Banks Fixed Deposits"
Lol..
RE: World's 3rd largest financial centre pension funds uses 3M Banks FD to fix $400b AuM - winbig - 22-10-2022
(22-10-2022, 08:33 AM)Scythian Wrote: Lol..U siao liao ah? Ownself say ownself laugh.
RE: World's 3rd largest financial centre pension funds uses 3M Banks FD to fix $400b AuM - Scythian - 22-10-2022
(22-10-2022, 09:25 AM)winbig Wrote: U siao liao ah? Ownself say ownself laugh.
Crazy lah..
It's nonsense, CPF management any old how using non-related commercial Banks FD rates for fixing national pension funds interest rate..
Ridiculous .. never heard of such practice at all.
RE: World's 3rd largest financial centre pension funds uses 3M Banks FD to fix $400b AuM - Scythian - 22-10-2022
(22-10-2022, 09:25 AM)winbig Wrote: U siao liao ah? Ownself say ownself laugh.Looks professional
Use 6 months SIBOR (to fix for 3 months OA rate) at least not too bad, no one will laugh..lol
Otherwise, best to use average 5y and 10y SGS Bonds yield to fix for OA 3 months.
RE: World's 3rd largest financial centre pension funds uses 3M Banks FD to fix $400b AuM - Niubee - 22-10-2022
Show us your warning letter to CPF CEO and MOF.