The closing yield on the 6-month Singapore T-bill is at 3.73%, below the cut-off yield in the previous auction.
This article was first published on 23 March 2024.
What happened?
T-bills seem to be back in favour again.
This is especially so as the yield on the Singapore T-bill has remained high, even as fixed deposit rates have been falling.
It is no wonder that there have been questions in the Beansprout community on whether we will continue to see the yield in the upcoming Singapore T-bill auction (BS24106W) on 27 March 2024 remaining elevated.
Let us look at the latest indicators to find out what to expect in the upcoming 6-month Singapore T-bill auction.
Also, read on to find out what you need to be aware about the upcoming auction if you are applying for the T-bill using your CPF savings.
Source: MAS
Will the T-bill yield rise further in the auction on 27 March?
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