So the next 6-month
T-Bills auction is on 29 Feb.
After closing as high as 4.07% only a few months ago.
T-Bills yields have since plunged to 3.54%.
In the most recent auction however, T-Bills recovered to
3.66%, on lower demand and higher supply.
This raises a couple of questions:
- What is the estimated yield on the next 6-month T-Bills?
- Are money market funds or fixed deposits a better buy than T-Bills?
- Where to park cash today?
Next T-Bills auction is on 29 Feb (Thursday) – (BS24104T 6-Month T-bill)
First off – next 6 months
T-Bills auction is on 29 Feb (Thurs).
This means that:
- If you’re applying in cash do apply by 9pm on 28 Feb (Wed)
- If you’re applying using CPF-OA do apply by 27 Feb (Tue)
What is the estimated yield on the next 6-month T-Bills auction? (BS24104T 6-Month T-bill)
I’ll split the analysis up into 2 parts:
- Fundamentals perspective(economic growth, inflation, global interest rates etc)
- Technical perspective(supply-demand)
(1) Fundamentals perspective:...
