Singapore 6-month T-bill interest rate now at 3.32% per annum!
By Beansprout  •  September 15, 2022
We prefer to put our spare cash in the Singapore 6-month Treasury-bill (T-bill) with the attractive interest rate of 3.32% per annum in the latest auction. What happened? It seems like Singaporeans have recently joined 4-hour queues to put their money into fixed deposit accounts. Source: Shin Min Daily News Facebook However, the Beansprout community has a different preference on where to put their money.  After the red-hot US Consumer Price Index (CPI) data caused the stock market to tank, we asked our Telegram community how they're reacting to the market selloff. 24% of respondents said that they'd load up on Singapore Savings Bonds or Singapore Treasury Bills. Only 2% said they'd queue to put money in a fixed deposit account. So 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 15 September auction will receive a yield of 3.32% per annum. ...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.

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