T-bill yield falls further to 3.65%. Here’s what led to the decline.
By Beansprout  •  May 23, 2024
The cut-off yield on the latest 6-month Singapore T-bill auction on 23 May fell to 3.65% What happened? Some investors in the Beansprout community appear disappointed with the latest T-bill auction result today. The cut-off yield for the 6-month Singapore T-bill auction (BS24110T) on 23 May was at 3.65%, declining further from 3.7% in the previous auction. It is also lower than the closing yield of the 6-month T-bill as of 16 May. This is the fourth consecutive decline in the cut-off yield on the 6-month T-bill, after it reached a recent high of 3.8% on 27 March. Source: MAS Let us find out why the yield on the Singapore T-bill has declined in the latest auction. What we learnt from the latest 6-month Singapore T-bill auction #1 - Demand fell compared to the previous auction The total amount of applications for the 6-month Singapore T-bill fell to S$14.5 billion, from the record S$16.3 billion in the previous auction.  ...
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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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