The Business Times
business-time-50

DBS now accepts online applications for T-bills using CPF Ordinary Account funds

google-preferred-sourceAdd BT as a preferred source
Tan Nai Lun

Tan Nai Lun

Published Thu, Feb 2, 2023 · 05:00 PM
    • Investors can use their CPF OA funds to purchase T-bills, but must first open a CPF investment account with either DBS, UOB or OCBC and apply with the respective banks.
    • Investors can use their CPF OA funds to purchase T-bills, but must first open a CPF investment account with either DBS, UOB or OCBC and apply with the respective banks. ST PHOTO: LIM YAOHUI

    INVESTORS can now make online applications at DBS for Singapore Treasury Bills (T-bills) using funds in their Central Provident Fund Ordinary Accounts (CPF OA).

    The bank is the first – and currently, only – local bank to offer such services.

    To apply for T-bills using their CPF funds, investors will need to open a CPF investment account with either DBS, UOB or OCBC and apply with the respective banks.

    CPFBondsSingapore banksSpotlight

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    The Open category COE rose S$2 to S$129,002.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The suspension at Manulife comes amid a broader, coordinated crackdown on cross-border wealth channels.

    Manulife pulls loan product for rich Hong Kong clients after scrutiny

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More