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Retire Rich Weekly: T-Bills, High-Yielding Bonds & Sentosa Cove Slump
By SG Money Matters  •  April 14, 2024
Welcome back to Retire Rich Weekly! This week, we’re diving into the world of Singaporean investments, exploring opportunities for both stability and higher yields. We’ll also be taking a look at the surprising price drops hitting luxury properties at Sentosa Cove. #1. Seeking Stability? Invest in the Upcoming T-Bill Auction Attention all T-bill lovers! The Monetary Authority of Singapore (MAS) is holding an auction for a brand new 12-month Singapore T-Bill (Treasury Bill) on Thursday, April 18th, 2024. T-bill is a low-risk, government-backed security to help you boost the stability of your retirement nest egg. New to T-Bills? No worries! Check out our guide on Singapore Government Securities (SGS) to learn more. Given the current inverted yield curve environment, the yield is likely lower than the latest 6-month T-bill yield which was 3.75%. Our estimate of the 1-year T-bill yield may be around 3.5%. Historical 1-year T-bill yields. Source: Business Times Here’s what you need to know about this auction:
  • Name: BY24101X (12-Month T-Bill)
  • Auction Date: April 18th, 2024
  • Issue date: 23 Apr 2024
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By SG Money Matters
Howdy. My name is Ivan. I am a blogger and fee-based financial adviser. I spent the last decade providing financial advisory services to both individuals and business. My speciality is financial planning for early retirement.
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