Fixed Deposit Promotion

[pirate]

starlight1968sg:

I missed the Nov 2015 boat and pray hard that a similar yield would come along soon.

I would just put a portion of the money into whatever it is now instead of leaving it in the current account while waiting for a similar yield. Can always redeem any time. Anyway can only invest max $50k per tranche subject to total of $100k.

[starlight1968sg]

pirate:

starlight1968sg:

I missed the Nov 2015 boat and pray hard that a similar yield would come along soon.

I would just put a portion of the money into whatever it is now instead of leaving it in the current account while waiting for a similar yield. Can always redeem any time. Anyway can only invest max $50k per tranche subject to total of $100k.

Am thinking of building a bond ladder...
Jan 2016 yield was 2.58% and Feb 2016 may be lower :roll:

[pirate]

Feb 16 is 2.5%. You have about 3 more weeks to think about it. First year is 1%.

[MrsKiasu]

HSBC also have for 7 mths, min $30k with interest rate of 1.65%/1.7%. Free abalone worth $40 at branch road show for min $50k deposit and more with higher dep.


So far, HSBC and SCB (only?) have 7mths FD? Shorter tenure should be better right if we expect interest rate to go up?

[FantasyLandDreams]

MrsKiasu:

HSBC also have for 7 mths, min $30k with interest rate of 1.65%/1.7%. Free abalone worth $40 at branch road show for min $50k deposit and more with higher dep.


So far, HSBC and SCB (only?) have 7mths FD? Shorter tenure should be better right if we expect interest rate to go up?

Is the road show still on? Where is the road show? Thanks.

[starlight1968sg]

MrsKiasu:

HSBC also have for 7 mths, min $30k with interest rate of 1.65%/1.7%. Free abalone worth $40 at branch road show for min $50k deposit and more with higher dep.


So far, HSBC and SCB (only?) have 7mths FD? Shorter tenure should be better right if we expect interest rate to go up?

HSBC has any t&c such as must be Advance or Premier customers...?

[starlight1968sg]

MrsKiasu:

HSBC also have for 7 mths, min $30k with interest rate of 1.65%/1.7%. Free abalone worth $40 at branch road show for min $50k deposit and more with higher dep.


So far, HSBC and SCB (only?) have 7mths FD? Shorter tenure should be better right if we expect interest rate to go up?

Yes, shorter tenure to catch the rising interest rate trend.

[MrsKiasu]

FantasyLandDreams:

MrsKiasu:

HSBC also have for 7 mths, min $30k with interest rate of 1.65%/1.7%. Free abalone worth $40 at branch road show for min $50k deposit and more with higher dep.


So far, HSBC and SCB (only?) have 7mths FD? Shorter tenure should be better right if we expect interest rate to go up?

Is the road show still on? Where is the road show? Thanks.

Hope that the copy & paste works..click on the blocks of dates...

http://www.hsbc.com.sg/1/PA_ES_Content_ ... index.html

[FantasyLandDreams]

Am thinking of building a bond ladder...

Jan 2016 yield was 2.58% and Feb 2016 may be lower :roll:[/quote]

Yup my colleague has built a bond ladder. He say not bad returns to him.

[starlight1968sg]

MrsKiasu:

Hope that the copy & paste works..click on the blocks of dates...


http://www.hsbc.com.sg/1/PA_ES_Content_ ... index.html

It says the rates for Advance and Premier customers.
I am none of them.