Are you questioning what are the perfect mounted deposits in July 2024? After trying round for mounted deposits with larger returns, I made a decision to simply renew my mounted deposit (principal and curiosity collected) with CIMB Financial institution. The mounted deposit rate of interest supplied by CIMB Financial institution for the 6 months placement is larger than the three, 9 and 12 months placement. RHB Financial institution can be providing 3.35% p.a. for a 6 months mounted deposit placement. Each banks mounted deposit rates of interest are higher DBS, OCBC, UOBÂ mounted deposit charges. Each time I wrote about mounted deposits, there’ll at all times be readers that suggestions to me that the rates of interest from Singapore Treasury Payments (T-bills) are higher. Sure, you might be right that T-bills rate of interest is larger than mounted deposits. However one of many issues they forgot is that buy of Singapore T-bills is through public sale by aggressive and non-competitive bids. Relying…