Monday, August 20, 2007

Treasury Bill

Hello Mr. Tan,

May I ask for your guidance on what is a treasury bill and how do you invest on it? How does it work?

REPLY:

A treasury bill is issued by the government, and is usually for a few months. You get the interest (which is usually quote low) but the investment is very secure. You can ask your bank or stockbroker about it.

2 comments:

  1. We may consider some funds that are largely invested into the Treasury Bills and Short-term Bonds.

    Eg, NTUC Income Flexicash, Lion Capital Money Market Fund and the Prudential AM Cash Fund.

    Annualised returns ranges from 2-3%. Quite attractive returns considering the low risk and high flexibility.

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  2. You can get some information from:

    http://forums.hardwarezone.com/showpost.php?p=21918738&postcount=1921

    ReplyDelete