A Singapore Treasury Bill issue will be auctioned on Thursday, 27th October 2022.
If you wish to subscribe successfully, get your order via internet banking (Cash and SRS) or in person (CPF) by 26th October. You can also apply with your CPF-OA and CPF-SA funds, but you would have to go down to a bank (OCBC, UOB and DBS) and do it in person. You can also apply the same issue with your cash and SRS.
In the past, I have shared with you the virtues of the Singapore T-bills, their ideal uses, and how to subscribe to them here: How to Buy Singapore 6-Month Treasury Bills (T-Bills) or 1-Year SGS Bonds.
In the last issue announced two weeks ago and recently concluded, the current t-bills were trading at a yield of 3.30%. In the end, the cut-off yield for the t-bill ended at 3.77%, which is vastly higher than expected....
I m hesitate to apply for Tbills mainly because I was told it is difficult to sell it n takes longer.
Can u confirm this n why is it so ?