The cut-off yield on the latest 6-month Singapore T-bill auction on 27 March rose to 3.80%. This article was first published on 27 March 2024. What happened? Many in the Beansprout community were happy with the result of the latest 6-month Singapore T-bill auction. The cut-off yield on the 6-month Singapore T-bill auction (BS24106W) on 27 March rose to 3.8% from 3.78% in the previous auction. This may come as a surprise to some investors as we have seen with fixed deposit rates and government bond yields falling in recent weeks. Let us find out what led to the increase in the yield on the Singapore T-bill. Source: MAS Here’s what you need to know about the latest 6-month Singapore T-bill auction result #1 – Higher demand for T-bills The total amount of applications for the 6-month Singapore T-bill jumped to S$15.6 billion from S$14.4 billion in the previous auction. This would also mark the highest amount of applications for the T-bill...