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Current Singapore Fixed Deposits Are Worse Than the Mid-September’s Singapore Treasury Bill Issue
By Investment Moats  •  September 9, 2022
The next 6-Month Singapore Treasury Bill (T-bill) auction will take place on 15th September 2022. You can check out the details of BS22118H 6-Month T-bill here. If you manage to subscribe before the auction date, you can secure relatively good yields for your relatively short-term funding. The chart below shows the average dealer buying rates for 6-month treasury yield from 1st Aug 2022 to 7th Sep 2022: The 6-month T-bill yield has been steadily climbing, and the prevailing yield is closer to 2.95%. This is an annualized yield, which means that when your 6-month treasury bill matures, you would earn half of that or possibly 1.46%. If you bid for $100,000 in the T-Bill auction (given the historical subscription, you will likely get all you bid for), you will earn $1,460 in six months. Investing.com tracks the last traded yield of Singapore government securities of different durations....
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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