With fixed income instruments back in the spotlight again, the MAS treasury bills received a lot of attention as the yields climbed higher. Every tranche that was issued after July was between 2 – 3% yield, with the highest cut-off yield coming in at 4.4% p.a. in December. Mind you, we haven’t seen such high yields in almost a decade, and some savvy Singaporeans have been quick to act. If you’ve been paying attention here on this blog and subscribed to some T-bills after I wrote this article, congratulations on your yield! But how much did MAS receive in T-bills last year, and how does it compare with one year ago? Here’s your answer: Thanks to the SGX team for inspiring this compilation, as we wondered over our dinner chat yesterday whether MAS collected more funds from its T-bills due to the higher yield in recent months. In 2022, Singapore invested SGD 108.4 billion into the 6-month T-Bills issued by MAS....