TOS I am conservative investor who focus on maximising efficiency of investing.

I am surprised.

You sold options on unprofitable companies if I recall correctly... cautious cats or shrewd spiders rarely do that.

Ok lah, if it's for hedging purposes that's reasonable action to take for a conservative investor.

This post has been edited by TOS: Oct 2 2022, 01:27 PM

My only unprofitable ones currently are Shopify, crowdstirke, airbnb, mrna, snowflake, datadog.

The ones that I don't t have positions are mrna, snowflake and datadog.

This are all long term position which I intend to hold until 10 years.

SSB NOV 2022 rates are now published online.

https://www.mas.gov.sg/bonds-and-bills/Sing...e-Savings-Bonds

98% accuracy compared to the projected ones by https://www.ilovessb.com/

Rates are correct for all years except for the second year with a difference of 0.01%.

Note that due to the high rates max allocation might be lower for this one. 2 months ago it's 9k SGD, last month was 42k SGD due to the unfavourable rates.

This post has been edited by TOS: Oct 3 2022, 05:01 PM

BT 031022: https://drive.google.com/file/d/1BITia1oQi1...iew?usp=sharing



Quotation of taxable book-entry SG Government Bonds

BT 041022: https://drive.google.com/file/d/1hSlos6XlJV...iew?usp=sharing



SSB stuffs:

BT 051022: https://drive.google.com/file/d/1cEtNkH6bKu...iew?usp=sharing

BT 061022: https://drive.google.com/file/d/1h4k6A_ZQel...iew?usp=sharing

Property 2022 Supplement: https://drive.google.com/file/d/13G_gHkS9NP...iew?usp=sharing

Cross-posted with S-REITS thread

I forgot,... Do I earn any pro-rata dividend if I am to take out the principal after, say,.... one mth of letting the funds remained in the SSB Account ?

Redeem once a month. Interest pro-rated if redeem.

As bro sgh stated, there will be pro-rated dividends paid based on a predefined formula: https://www.mas.gov.sg/bonds-and-bills/inve...s/how-to-redeem

(Scroll to bottom to find how accrued interests are calculated.)

There is no such thing as an "SSB account" bro. Your SSB bonds are registered under your CDP account. But if you have SingPass (for those with NRIC no. only, i.e. PR or Sporeans) and provided that your CDP account is registered with SingPass too, you can login here to check your SSB holdings: https://eservices.mas.gov.sg/ssb/

Otherwise (e.g. foreigner like me, or SingPass FIN no. holder). you need to check from CDP Internet/CDP statements.

Take note that the redemmed principal and interests are credited during the 2nd business day of the following month. The link I shared above has detailed information about the redeeming process, schedule and payment info.

Hope that helps bro.

This post has been edited by TOS: Oct 7 2022, 11:02 PM

Bros SGH and TOS,

Thank you very much for your replies,... yeah, I did invest into the SSB to park my funds a few years ago, and I recalled when I withdrew before 6 mths, I still got some dividends credited. No need to wait for a whole 6 mths to pass before getting hold of some earnings.

Yeah,.. I said something wrongly - there is no such thing as an 'SSB Acct.',.. what I meant to say was the bank acct linked to my CDP. And yes, I normally logged-on to my CDP session to chk my holdings inside CDP, incl my Astrea bonds and previously, my SSBs too.

BT 071022 (Last Friday): https://drive.google.com/file/d/1sNmYZ8m4EN...iew?usp=sharing

BT Weekend 08-091022: https://drive.google.com/file/d/1B_BkCDwIw6...iew?usp=sharing

What do you guys predict the allocation for the coming Nov 2022 tranche to be at ? Can get more than $10k allocation ? $20k ?

This one still need to see how the Dec curve looks like towards the end of the month and USD/SGD movements. After upcoming Friday MAS policy statement release we may see more clarity.

Now the Dec curve is very flat, but only 25% accuracy.



September tranche when 10Y average rate is 2.8% and the 10th year rate breaks above 3% the max allocation is only 9k SGD. Nov tranche rates for all years, all above 3%. Surely much less than 9k. But if Dec yield profile looks a lot better than Nov then people might not subscribe Nov in large amount towards the end of this month to lock-in rates.

You may check HWZ forum on SSB discussions for bellwether: https://forums.hardwarezone.com.sg/threads/...006693/page-478 although these days the discussions are more on financial arbitrage planning of switching money from CPF OA to SSB/T-bills

This post has been edited by TOS: Oct 9 2022, 01:27 PM

Thank you, bro,... appreciated your reply.

SSB this month will be very hot with not much increase in size 900 million only. Think may get < 9k even. Also try the 6 month or 12 month T-bill if you don't mind shorter period

Ya, forgot to mention. Hansel can try the currently open 6M and 1Y T-bill applications too. Curiously, both applications have the same deadline: this Wednesday (12th Oct.) (9 pm for DBS). Then 2 days later we have MAS policy statement.

A hectic week for MAS (and possibly volatile SGD) ahead.

This post has been edited by TOS: Oct 9 2022, 08:13 PM

Looks to me like they want to 'clear the T-bills as much as possible with a lower coupon rate' before the new higher rate kicks in....

What makes you think so bro? The yields are bid by market participants so MAS can only control supply but not demand. We define the demand curve right?

If demand is inelastic (not sure if this is the case, can't find a research paper on demand elasticity of SG government debt), and MAS restrict supply by increasing issuance amount only slightly that would mean the yields will soar.

Moreover, the issuance calendar has been set last year, so it's unlikely they can alter the date but just the issuance size.

Anyway, I think MAS controls SGD as their main monetary tool. The strong SGD will help tame the demand by foreign investors by resulting in lower bid yields.

This post has been edited by TOS: Oct 10 2022, 05:59 PM