Invest
New 6-Month Singapore T-Bill Yield in Mid-March 2024 to be Lower at 3.75% (for the Singaporean Savers)
By Investment Moats  •  March 8, 2024
A Singapore Treasury Bill issue (BS24105X) will be auctioned on Thursday, 14 March 2024. If you wish to subscribe successfully, get your order via Internet banking (Cash, SRS, CPF-OA, CPF-SA) or in person (CPF) by 13th March. 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 3.80%. If you select a non-competitive bid, you may be pro-rated the amount you bid and would yield 3.80%. 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...
Read the full article
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 ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance