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Treasury Bills Results BS24107N is 3.75%
By My Sweet Retirement  •  April 13, 2024
Based on the Singapore Treasury Bills auction results, the cut off yield for BS24107N is 3.75%. If you want to retire early in Singapore, buying Singapore Treasury Bills (T-Bills) can be a great way to build passive income. Are you familiar with Singapore Treasury Bills? If you are not, let me explain in simplistic terms to you. Treasury bills (T-bills) are short-term Singapore Government Securities (SGS). They are issued at a discount to their face value. Investors receive the full-face value at maturity. The Singapore Government issues 6-month and 1-year T-bills. Unlike Singapore Savings Bonds where the issuance size and interest rates are announced on the Savings Bond website on the first business day of each month, you need to watch out for Singapore Treasury Bill MAS Announcement Date and Auction Date. This information can be found at Monetary Authority of Singapore (MAS) website under Auctions and Issuance Calendar.
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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