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New 6-Month Singapore T-Bill Yield in Early-June 2023 Should Rise Again to 3.85% (for the Singaporean Savers)
By Investment Moats  •  June 1, 2023
A Singapore Treasury Bill issue (BS23111W) will be auctioned on Thursday, 8th June 2023. If you wish to subscribe successfully, get your order via internet banking (Cash, SRS, CPF-OA) or in person (CPF) by 7th June. You can also apply with your CPF-SA funds, but you would have to go down to a bank and do it in person. You can view the details at MAS here. 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 traded at a yield of 3.85%. In the end, the cut-off yield for the t-bill ended higher at 3.85%. For the second time, if you select a non-competitive bid, you may be pro-rated the amount you bid and would yield 3.85%.  ...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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