Dear readers, Dumpling Festival is here next Monday. For brothers and sisters, who are celebrating Dumpling Festival, are you currently shopping around for good and value-for-money dumplings?
Well, based on a current affairs documentary which I recently watched, it seems that the prices of dumplings have been on the increase, due to increasing cost of ingredients as well as increased transportation or shipping prices, arising from the current geopolitical tensions.
And during this period, I believe there are others who continue to shop for short-term interest rates as well?
Without a doubt, the 6-month Singapore’s Treasury T-bills are undeniably the best in town when it comes to short-term interest rates. In this post, I am focusing on best quantum of interest rates which are shorter than the minimum 6-month tenure of the T-bills. Based on my research, there used to be 3-month Singapore T-bills, but these have stopped on 12 December 2013.
Hong Leong Finance is currently having a Dumpling Festival Fixed Deposit promotion.
For a capital of S$20,000 to <S$50,000, enjoy a 2.85% per annum and a 2.90% per annum interest rate for your fixed deposit for a respectively 3-month and 4-month holding period.
For a capital of S$50,000 and more, enjoy a 2.90% per annum interest rate for your fixed deposit for a 3-month and 4-month holding period each.
For more details, visit Hong Leong Finance fixed promotions webpage.