Never miss an idea! Stay updated with the latest investment news and insights! Join our Telegram channel at https://t.me/FSMOne_SG!
Yields of Singapore Treasury Bills (T-Bills) have been attractive for the past few issues as shared in our previous write-up: How to Buy Singapore Treasury Bills (T-Bills) on FSMOne.
With their cut-off yields higher than fixed deposit rates, T-Bills subscriptions have also been overwhelming. However, investors that missed out on the latest issue need not worry as they can still buy them on the secondary market through FSMOne.
To find the T-Bills on FSMOne after logging in to their FSMOne account, users can go to [Bonds] then click on [SGS Bonds / SG T-Bills]:
Due to the wide spectrum of Singapore Government Securities and T-Bills that are available on FSMOne, investors can be confused when checking the full list. Hence, it might be useful to note that SGS bonds are denoted by the code ‘SIGB’ in the bond name while the code ‘SITB’ represents T-Bills. For example, the latest T-Bill issue would be “BS22123S; SITB ZERO 30May2023 Govt (SGD)” while an SGS would be “NX13100H; SIGB 2.750% 01Jul2023 Govt (SGD)” on our platform.
On the [SGS Bonds / SG T-Bills] page, the green button on the right column enables users to directly add the SGS or T-Bill they wish to purchase to their checkout cart:
After adding the desired bond to cart, investors can proceed to check out:
Investors can pay for the bond purchase from the money in their Cash Account or SGD Auto-Sweep which have been trending higher due to higher interest rate environment. Investors that have yet to transfer the full amount payable for the bond purchase, they can opt of Post-Transaction Payment (PTP). PTP is available for investors that have holdings in their Cash Account/Auto Sweep/Cash Fund/Unit Trusts/Bonds equivalent to 5% of the estimated amount payable:
On the order pad, there are 2 types of orders – Market Order or Limit. To place a Market Order means investors are willing to buy the bond at any given price and this means they could be paying higher/lower than the indicative price stated. Investors who place a Limit Order have to indicate the highest price they are willing to pay for the bonds. Thereafter, click on [Add Product in Cart] and [Proceed to Checkout]:
The final step is to read and check the Disclaimer & Verification before keying your password to confirm:
After the order has been placed, investors can check the status of the transaction under [Processing / Pending Transactions]:
For investors who placed limit orders, they will be updated on the current trading price of the T-Bill via email as well. Should they wish to modify prices to transact immediately, they can reply to the email. Once the order is filled, a trade confirmation email will be sent to the investor. If we are unable to fill the limit order, users will also be informed through email that the order has expired.
All materials and contents found in this site are strictly for general circulation and informational purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found/identified in this site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this report is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. In respect of any matters arising from, or in connection with the said research analyses or research reports, recipients of the report are to contact IFPL at 10 Collyer Quay, #26-01 Ocean Financial Centre Building, Singapore 049315, or by telephone at +65 6557 2853. Where the report contains research analyses or research reports from a foreign research house and if the recipient of such research analyses or research reports is not an accredited investor, expert investor, institutional investor or an ex-accredited investor, IFPL accepts legal responsibility for the contents of such analyses or reports to such persons only to the extent as required by law. Please note that only certain security(ies) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to iFAST’s prevailing policies and procedures.
Please read our full disclaimers on the website at ( https://secure.fundsupermart.com/fsmone/policies/328125/investment-account-terms-&-conditions).
iFAST Financial Pte Ltd (IFPL) (registered address: 10 Collyer Quay #26-01 Ocean Financial Centre Singapore 049315, Telephone: 6557 2000) holds the Financial Advisers Licence issued by the Monetary Authority of Singapore ('MAS') to conduct regulated activities of advising on securities, marketing of collective investment schemes and arranging of any contract of insurance in respect of life policies, other than a contract of reinsurance and the Capital Markets Services Licence issued by the MAS to conduct regulated activities of dealing in securities and providing custodial services for securities. While IFPL has made every effort to ensure the independence of the report's contents, IFPL's nature of business is such that IFPL and its connected and associated entities together with their respective directors, officers and staff may be involved in providing dealing or investment-related services in the abovementioned securities, and have taken or may take positions in the securities mentioned in this report, and may also act as the principal for any buy or sell trades.
Please note that only certain bond(s) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to FSM's prevailing policies and procedures. Please read our full disclaimers in the website.