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Will the T-bill yield fall further in the auction on 23 May?
By Beansprout  •  May 17, 2024

What happened?

There was a question in the Beansprout community today about what to expect for the upcoming T-bill auction.  Many investors are probably wondering what the yield for the 6-month Singapore T-bill (BS24110T) auction on 23rd May will be.  This is especially so after the yield on the 6-month T-bill has fallen for 3 consecutive auctions to reach 3.70% in the latest auction on 9th May.  At the same time, we have seen interest rates staying volatile after the recent US consumer price index data.  In this post, I will look at the latest indicators to find out if it might be worthwhile applying for the T-bill.  Source: MAS   < div class="raw-html-embed">
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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