Monthly Archives: September 2022

3.32% per annum interest rate – Singapore Government Treasury Bills

The latest October Treasury Bills (T-Bills) has a yield of 3.32% per annum for its 6-month T-Bill (BS22119T). Investor pays $98.345 upfront and gets back $100.00 on maturity (6 months later). This works out to interest earns at 3.32% per … Continue reading

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Second Booster for Covid-19

I received my second booster vaccination jab yesterday at Toa Payoh Polyclinic. The last booster was taken on 26 October 2021. Nearly one year (short of one month) had passed before my second booster of Pfizer-Biontech vaccine. MOH sent an … Continue reading

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Extreme pain in September for global stocks

Stocks continue to slump in September. Central banks are tightening monetary policies by raising benchmark interest rates. Stock Indices 26-Aug-22 23-Sep-22 Change (%) Hang Seng (HK) 20,170.04 17,933.27 -11.1% Nasdaq (USA) 12,141.71 10,867.93 -10.5% S&P 500 (USA) 4,057.66 3,693.23 -9.0% … Continue reading

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Investment portfolio declined further

My portfolio of fixed income assets, bonds, REITS and Business Trust declined 9.4% from my original costs of investments. Fixed Income, bonds, REITs, Trust Change (%) Keppel REIT -18.8% BGF Global Multi-Asset Income Fund A6 -17.5% UOB AP GRN Reit … Continue reading

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Cash is King

This is a period of rising interest rates. Most central banks are raising interest rates to combat rising inflation. In particular, the United States of America is more aggressive in raising its benchmark federal funds rate. Singapore is also engaging … Continue reading

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