The Singapore 6-month Treasury-bill (T-bill) is our preferred option to park our spare cash as the interest rate is hard to beat. What happened?  There was something that got our Telegram community excited today. No, they were not talking about the increase in interest rates by on OCBC 360 or UOB One. Neither were they talking about the launch of GXS digital bank by Grab and Singtel, or Trust bank by Stanchart and NTUC. Instead, many were cheering the allotment result of the latest Singapore 6-month Treasury-bill (T-bill). Investors who subscribed to the Singapore 6-month T-bill in the 1 September auction will receive a yield of 2.99% per annum.  More importantly, compared to the Singapore Savings Bonds (SSB) where investors were only allotted up to a maximum limit of S$13,500 in the latest auction, 100% of applicants who submitted non-competitive bids for the 6-month T-bill received full allocation! Source: MAS What we learnt from the Singapore 6-month T-bill allotment result...