Central Provident Fund (CPF) members' Ordinary Account (OA) interest rates of 2.5 per cent will remain from 1 October 2011 to 31 December 2011, the CPF board announced on Monday.
This is despite the computed CPF interest rate working out to 0.36 per cent per annum. the computed rate is calculated from major local banks' interest rate from 1 May 2011 to 31 July, Full story
