So the next 6-month
T-Bills auction is on 14 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
3.80%.
At 3.80%, 6-month T-Bills offer a much higher yield than Fixed Deposits (3.35%).
So I wanted to discuss a couple of questions:
- What is the estimated yield on the next 6-month T-Bills auction?
- Are money market funds or fixed deposits still a better buy than T-Bills?
- Where to park cash today?
Next T-Bills auction is on 14 Mar (Thursday) – (BS24105X 6-Month T-bill)
First off – next 6 months
T-Bills auction is on 14 March (Thurs).
This means that:
- If you’re applying in cash do apply by 9pm on 13 March (Wed)
- If you’re applying using CPF-OA do apply by 12 March (Tue)
What is the estimated yield on the next 6-month T-Bills auction? (BS24105X 6-Month T-bill)
I’ll split the analysis up into 2 parts:
- Fundamentals perspective(economic growth, inflation, global interest rates etc)
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