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Is the 1-year T-bill better than the 6-month T-bill and fixed deposits?
By Beansprout  •  January 14, 2024
What happened? After we shared our thoughts on the upcoming 6-month Singapore T-bill auction, we received many questions on whether we would apply for the 6-month T-bill or 1-year T-bill. Many of you have probably noticed that there will be an upcoming 1-year Singapore T-bill (BY24100T) auction on 25th January. This would mean the auction would take place just 1 week after the 6-month Singapore T-bill auction on 18th January. For those of us who are looking to make out savings work harder, it would make sense to find out whether the 6-month or 1-year T-bill would allow us to earn a higher potential interest. Let us look at what the indicators are telling us to find out! Source: MAS Will the yield on the 1-year T-bill be higher than the 6-month T-bill? The closing yield on the 1-year Singapore T-bill has been at 3.75% over the past week, based on daily market prices published by the MAS....
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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