So the next 6-month
T-Bills auction is on 27 March.
After closing as high as 4.07% only a few months ago.
T-Bills yields then dropped as low as 3.54%.
In the most recent auction however, T-Bills recovered to
3.78%.
At 3.78%, 6-month T-Bills offer a much higher yield than bank 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 27 Mar (Wed) – (BS24106W 6-Month T-bill)
First off – next 6 months
T-Bills auction is on
27 March (Wed).
Do note that because of the Good Friday public holiday, the auction is on Wed instead of the usual Thurs.
This means that:
- If you’re applying in cash or SRSdo apply by 9pm on 26 March (Tues)
- If you’re applying using CPF-OAdo apply by 25 March (Mon)
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