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New 6-Month Singapore T-Bill Yield in Mid-February 2024 Should Head Up Slight to 3.60% (for the Singaporean Savers)
By Investment Moats  •  February 7, 2024
A Singapore Treasury Bill issue (BS24103H) will be auctioned on Thursday, 15 February 2024. If you wish to subscribe successfully, get your order via Internet banking (Cash, SRS, CPF-OA, CPF-SA) or in person (CPF) by 14th February. 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. The cut-off yield successful Tbill bidders can earn is 3.54%. If you select a non-competitive bid, you may be pro-rated the amount you bid and would yield 3.54%. If you would like to ensure you secured all that you bid, it will be better to select a competitive bid, but you need to get your bid right. In competitive bidding, if your bid is lower than the eventual cut-off yield (in the example below), you will get 100% of what you...
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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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