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CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Printable Version

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CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

CPF Board holdings of SGS Govt Bonds blew a hole as MAS rate continued raises.

In past 3 years, those bonds were bought @ nearly  close to zero yield while today, MAS rates have skyrocketed

Unanswered question:
How is CPF management going to manoeuvre out of  twisted entanglement? 

Kindly top up your CPF Account to help them to average.


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

(13-03-2023, 03:41 AM)Scythian Wrote:  CPF Board holdings of SGS Govt Bonds blew a hole as MAS rate continued raises.

In past 3 years, those bonds were bought @ nearly  close to zero yield while today, MAS rates have skyrocketed.

Unanswered question:
How is CPF management going to manoeuvre out of  twisted entanglement? 

Kindly top up your CPF Account to help them.
CPF Boards obligation:
CPF Savings $ => MAS => GIC

But GIC invested ROI. =/= > CPF members


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - singlon - 13-03-2023

This is similar happening in Silicon valley Banks
https://youtu.be/TyA77IbSwZ0?list=PL1yqRrBFrqB9L40D0MUcNTV2A6fY9b1Q0


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

(13-03-2023, 04:00 AM)singlon Wrote:  This is similar happening in Silicon valley Banks
https://youtu.be/TyA77IbSwZ0?list=PL1yqRrBFrqB9L40D0MUcNTV2A6fY9b1Q0

OMG!

We are in deep trouble.


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - ysh02 - 13-03-2023

So far MAS don't said our CPF invested where maybe we didn't invested there ?...


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - singlon - 13-03-2023

[Image: Screenshot-2023-03-13-06-14-19.png]


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - singlon - 13-03-2023

[Image: Screenshot-2023-03-13-06-15-14.png]


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - singlon - 13-03-2023

[Image: Screenshot-2023-03-13-06-24-11.png]


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

(13-03-2023, 05:59 AM)ysh02 Wrote:  So far MAS don't said our CPF invested where maybe we didn't invested there ?...

Auditor General must audit and report CPF Boards performance and expose any mismanagement of our pension funds.

The humongous losses incurred on SGS Govt Bonds expiry over next 10 and 30 years.

That no future pensioners be left walking without his pants


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

(13-03-2023, 04:00 AM)singlon Wrote:  This is similar happening in Silicon valley Banks
https://youtu.be/TyA77IbSwZ0?list=PL1yqRrBFrqB9L40D0MUcNTV2A6fY9b1Q0

.
IF today, CPF Board is a commercial bank,  strong possibility, there will be a run.

Why?
Becoz CPF Board is the single largest SGS Govt long term Bonds holder..

Closely Similar situation to SVB, California.


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - K88 shu shu - 13-03-2023

can I go and withdraw my CPF money ?


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

(13-03-2023, 07:26 AM)K88 shu shu Wrote:  can I go and withdraw my CPF money ?

https://www.youtube.com/watch?v=aHxq_bM-jzc


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - sgbuffett - 13-03-2023

This is rubbish. Their purchase of govt bonds match their liabilities with spare change....they are only paying 2.5%


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - p1acebo - 13-03-2023

(13-03-2023, 06:48 AM)Scythian Wrote:  Auditor General must audit and report CPF Boards performance and expose any mismanagement of our pension funds.

The humongous losses incurred on SGS Govt Bonds expiry over next 10 and 30 years.

That no future pensioners be left walking without his pants

There are very few pensioners left and most of those still alive are lau kok kok ex civil servants Big Grin


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - debono - 13-03-2023

(13-03-2023, 07:58 AM)sgbuffett Wrote:  This is rubbish. Their purchase of govt bonds match their liabilities with spare change....they are only paying 2.5%

Well that is how TH makes money.......................... Big Grin


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

(13-03-2023, 07:58 AM)sgbuffett Wrote:  This is rubbish. Their purchase of govt bonds match their liabilities with spare change....they are only paying 2.5%

Despite documented OA interest rate to peg against average of banks FD rates (itself is questionable), 

today's 2.50% pa is arbitrary fixed by CPF management.

Clearly, it's manipulation of pension funds.


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

(13-03-2023, 08:04 AM)debono Wrote:  Well that is how TH makes money.......................... Big Grin

Not by skill and capability

But at over 4 mio CPF members expense


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - debono - 13-03-2023

(13-03-2023, 08:01 AM)p1acebo Wrote:  There are very few pensioners left and most of those still alive are lau kok kok ex civil servants Big Grin

Yes the pension scheme are to those who are 72 years and above, and they are fast dying off............cos new gov. employees are on CPF schemes............... Big Grin


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - K88 shu shu - 13-03-2023

CPF money is not mine but my son's money.


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - p1acebo - 13-03-2023

(13-03-2023, 08:07 AM)Scythian Wrote:  Not by skill and capability

But at over 4 mio CPF members expense

Ish they playing roulette in the casino.  More misses than hits Big Grin


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - K88 shu shu - 13-03-2023

(13-03-2023, 08:10 AM)p1acebo Wrote:  Ish they playing roulette in the casino.  More misses than hits Big Grin

bet on all 36 number, sure tio 1.


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - debono - 13-03-2023

(13-03-2023, 08:09 AM)K88 shu shu Wrote:  CPF money is not mine but my son's money.

It is a family's money...............................same same............ Big Grin crying


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - p1acebo - 13-03-2023

(13-03-2023, 08:11 AM)K88 shu shu Wrote:  bet on all 36 number, sure tio 1.

Rotfl


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - debono - 13-03-2023

(13-03-2023, 08:11 AM)K88 shu shu Wrote:  bet on all 36 number, sure tio 1.

Rotfl nudie Clapping Laughing


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - K88 shu shu - 13-03-2023

(13-03-2023, 08:11 AM)debono Wrote:  It is a family's money...............................same same............ Big Grin crying

Sg govt very good, looking after our descendants : CPF and HDB for them after the parents uplorry.


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

(13-03-2023, 08:11 AM)K88 shu shu Wrote:  bet on all 36 number, sure tio 1.

TH reported one hit covering full page but keeps silence on 35 misses


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - K88 shu shu - 13-03-2023

(13-03-2023, 08:11 AM)K88 shu shu Wrote:  bet on all 36 number, sure tio 1.

(13-03-2023, 08:15 AM)debono Wrote:  Rotfl nudie Clapping Laughing

oops sorry, 0 eat all.


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

(13-03-2023, 08:17 AM)K88 shu shu Wrote:  oops sorry, 0 eat all.

Can afford 36 contrarian


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - ArielCasper - 13-03-2023

Nothing will happen to cpf. U can't even do a bank run on cpf..


RE: CPF Board holdings of SGS Govt Bonds blew a hole as MAS Conti rate raises. - Scythian - 13-03-2023

.
One South Asian executive says if market goes down lower, we will buy to average.

Why?
Not my money lah