Interest Rate Fed has been increasing interest rate which results in the rate increasing for other countries in the world such as Singapore. We can see from the recent rush into Fixed Deposit, Singapore Saving Bonds, Treasury Bills etc. Saving accounts are also having war every now and then. During the early part of each…
Tag: Fixed Income
Risk free interest rate!
For people who are more risk averse and like to save instead of invest, you can see the Fixed Deposit are raising with most banks around 3% plus. However, some people would like to have more liquidity for their account (instead of 1 year for Fixed Deposit) so that they can access the cash anytime….