Amidst all the Lunar New Year preparations, we’ve received many questions about the various government bond auctions that are going on this month.
This week, we had the 6-month T-bill auction which closed with a lower cut-off yield of 4.0%.
We looked at the numbers and noticed that there were a significant amount of bids made at fairly low yields.
The findings here can definitely help us to make a better decision in the upcoming 1-year T-bill auction.
What does this mean for the 10-year SGS bond then? We compare it to the Singapore Savings Bonds to find out!
We hope these analyses will save you some time from pondering over the holidays, and that you will enjoy your reunion with family and friends.
Wishing you a healthy and prosperous year of rabbit!
Source: Bloomberg. Price as of market close on 20 Jan
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