一共39万（老婆和我) . 还有一万在SRS （忽略）　

其实 马后炮 买银行股（DBS，UOB)会更好。。

A competitive bid is one where you have to specify the price (to be expressed in terms of percentage yield) that you are willing to pay for the SGS bond/T-bill. You may or may not be allotted the securities after the auction, depending on your submitted yield relative to the yields submitted by all the other competitive bidders. In the context of SGS Bonds and T-bill auctions, a lower yield represents a more competitive bid as the bidder is indicating that he/she will accept a lower interest rate.　

　A non-competitive bid is one where you do not specify a price (to be expressed in terms of percentage yield) but you are willing to be allotted the SGS Bonds/T-bills at a uniform yield based on the results of the competitive tenders.　

　All non-competitive bids will be satisfied first, and the balance of the amount to be issued is then awarded to those who have submitted competitive bids. In all SGS Bonds/T-bills auctions, 40% of the total issuance amount is reserved for non-competitive bids. If the amount of non-competitive bids exceeds the 40%, the SGS Bonds/T-bills will be allocated to non-competitive bidders on a pro-rated basis.