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Singapore Savings Bond and T-bill allotment (April 2023.)
By A Singaporean Stockmarket Investor (ASSI)  •  April 26, 2023
We have both Singapore Savings Bond and T-bill allotment results today. As I increased the amount of money for both, I was crossing fingers for a full allotment in Singapore Savings Bond and also a relatively good cut-off yield for the T-bill. Getting a full allotment in Singapore Savings Bond would not only mean mission accomplished with regards to money meant for voluntary contribution to my CPF account in 2024. It would also mean possibly locking in a 10 year average yield of greater than 3% per annum which we might not see again from a Singapore Savings Bond for some time to come. This is a possibility with interest rates softening in recent months. If I did not get a full allotment and if the 10 year average yield of Singapore Savings Bonds offered for the rest of the year should be lower than 3% per annum, then, I would have...
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By A Singaporean Stockmarket Investor (ASSI)
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