Good discussions in the above, bros,... For myself,...

1) I put into SSB when I see interest rates are rising, that's when the SSB interest rates will be higher.

2) SSB is a parking facility till interest rates start to turn, and I will liquidate my SSB, to buy REITs, tech stocks and whatever else.

3) Emm,... when I reached my withdrawal age, I MIGHT NOT withdraw everything from EPF to be pumped into SSB. But,.. let's imagine I am able to withdraw my EPF this year, I would have withdrawn half and converted into the SGD at the beginning of this year after I saw MAS did a tightening in end-2021.

4) And finally,... I would buy into Astrea bonds denominated in the SGD and in the USD tho' the risk rating is higher. I would also buy into Astrea bonds when interest rates are rising, like today.

For your infos,... Astrea 7 has been launched and was recently floated in the exchange last week. They are available in the exchange, under the following codes :-

a) V7AB : 4.125% pa denominated in the SGD.
b) V7BB : 6.00% pa, denominated in the USD.

But, be careful,... when interest rates rise further, the bond price (in the secondary mkt) may fall. Then you'll have to hold till maturity if you wish to get back your par values. This is a major risk. Pls read the documents if need to know of other risks.

...tq bro,... problem is,... after it has matured, what do we do with the funds returned to us ? Perhaps too late to go into REITs and stocks,... and by then, interest rates could have pivotted. Then we're stuck with a lot of money in-hand,...

Tq for all your replies, bro,... Yes, I'm already into USD FDs with DBS. But,... how do you buy the US Corporate Bonds ?

bros,... if you are bidding for 4.4%, why not you buy : FPTREA 4.49%270916XB# ?

The above is now giving out more than 4.49% yield since the price is below the par value of $1.00 now.

With the Feds soon to pivot,... or least pause,... the price won't drop much anymore.

If truly same yield, then obviously, the SG Govt's one.

But I would not under-rate Frasers' credit rating here. And secondly, Frasers offers a slightly higher effective rate now since the bond price is below $1.00,...

The Frasers Green Bond is 'continuous' for the next few years and will not leave me exposed with money in my hands after the next 6 mths, unlike the T-Bill which will return my money in 6-mths time.

Yes,... to diversify your risks among bonds, you can actually buy into a bond fund. Bond funds was one of my first instruments when I first started investing,....

No bro,..................

Look at the USDSGD Chart in Yahoo Finance,............... the SGD has been APPRECIATING vs the USD. The SGD is getting stronger and stronger in the past few days. The SGD might end up as the best performing currency in the near term,...

Well,... off the top of my head now, I'm not using any theory. I just called out an observation to you, and an internal gut feel that the SGD is strengthening vs the USD now. But longterm wise,.. I'm not making any calls. Look at the USDSGD=X graph,... I recalled it's been rangebound these few years.

MAS intervened by strengthening its currency using the S$NEER band. I think,.. MAS has done this 4 times this year. I noticed every night, in the ppast few evenings,.. watching CNA. The running news at the bottom of the screen,.. at a certain interval, the 'Currencies' will roll past.

And I saw for SGD, it's gotten to below 1.40 last night,... I think it was at 1.39XX,... hence, the strengthening.

I feel,... the SGD will have a chance to strengthen to,.. say, 1.38 vs the USD,... soon,...

Wahh, bros,... 4% only,... AND LOCKED FOR 6 MONTHS. Might as well go for SSB,....

And bloody CPI Reading for October was just released. Only 7.7%,... below the 7.9% consensus. So,.. stocks will fly tmrw,.... bad for me. Bad for us,....

The difference this time compared to the last round is,.. the allocated amt this time is $1bil,... correct me if I'm wrong,... last mth,... this amt to be 'given out' was just $800mil,... So,.. maybe can get allocated 10K units again, because more people might be applying.

Yeah,... I'll use 15K to enter too,...

Ok bro,... tq for the correction,...

I got alloted only 10K last round.

I'll reply my bro here against every sentence,...

Tq bro,...

I keyed-in the codes 'SR4M' and 'SR7M', said the codes are not valid, bro,...

These codes are the promo codes under the screen called : 'Place Fixed Deposit', right ?

Firstly,.. wanna thank bros TOS and Ikanbilis here for the help,...

Yes, I used my iPhone app,... keyed-in your code just now and got the 'Not Valid' reply,... maybe becos it's Saturday today, bros ? I saw somewhere,.. can't put FDs for Saturdays and Sundays,...

Ahh,... if early withdrawal, got penalty,... then dangerous,... ,... THANK YOU for the heads-up, bro TOS.....

Emm, bro TOS,... how is the penalty calculated ? Or is it a flat rate the moment we withdraw before the due date ?

Keep your money, bros,... standby for SREITs and UMS as the interest rate environment stabilizes.

yes bro,... a few points in my mind to share :-
1) Riskfree rates are dropping everywhere.
2) This Monday, I noticed the longer-term USD FD rate (1-year) is higher than the shorter-term (6-mth) one, but this was not so last two weeks. So,.. I maxed out to 1-year tenure for my USD FD.
3) When riskfree rates start to drop,... REIT yields will have 'an easier opportunity' to maintain the spread with riskfree yields,... hence,... REITs will benefit,....
4) I visiteds Japan recently and have held-on to my JPY not spent in my MCA. Time to hold-on now,... was waiting for the BOJ to pivot,... glad to be right,....

Ok bro,... sometimes, no time to write,... must always think first before writing, otherwise if not worded properly, might confuse forummers,... Most of the time today, I just read and give 'Likes' only,...

That's right.

I carry a similar opinion. SSBs are better becos :-

1) The good rate is locked-in for 10 years.

2) Can be withdrawn within a month's notice and still earned the 'designated' dividend. Who knows,... especially for this year, if Feds really pivot, need to take advanatage of this event.