this post was submitted on 29 May 2024
1 points (100.0% liked)

Almost anything regarding Singapore

457 readers
8 users here now

Singapore related posts (any deletion by moderators WILL come with explanation) Moderation will be stepped up as the community grows. Ask Singapore related questions at !asksingapore

founded 1 year ago
MODERATORS
[email protected]
1
Interest rate for CPF Special, Medisave and Retirement accounts increases to 4.08% in Q3 2024 (www.channelnewsasia.com)
submitted 3 months ago by [email protected] to c/[email protected]
0 comments fedilink hide all child comments
 

SINGAPORE: The interest rate for Central Provident Fund (CPF) Special, MediSave and Retirement accounts will rise to 4.08 per cent in the third quarter of 2024.

It dipped to 4.05 per cent in the previous quarter, the first decrease after three consecutive increases.

The higher interest rate is due to an increase in the 12-month average yield of 10-year Singapore Government Securities, said the CPF Board and Housing Board (HDB) in a joint news release on Wednesday (May 29).

The interest rate for these accounts is pegged to the average yield plus 1 per cent.

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here