The Central Provident Fund Board issued a statement on Tuesday explaining that although interest rates have risen recently, the interest rates linked to ordinary, special and health savings are still lower than the guaranteed interest rates of 2.5% and 4%, so the interest rates of these accounts remain unchanged. Meanwhile, the Housing Development Board’s prime mortgage rate for the next quarter remains at 2.6%. The unchanged interest rates for the CPF accounts in the first quarter of next year may prompt people to continue to withdraw savings from the CPF Ordinary and Special Accounts to deposit fixed deposits and invest in Singapore government treasury bills (T-bills), but this article provides comments from analysts on the considerations members should take note of. The article also includes a commentary from Lai Xinli, MoneyOwl’s director of the financial planning department that there is a $2 handling fee for each subscription of treasury bills, and treasury bills cannot be withdrawn in advance. Therefore, it is advised It is better to keep the money in the special account to earn 4% risk-free interest.