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New 6-Month Singapore T-Bill Yield in Early-June 2024 to Stay at 3.65% (for the Singaporean Savers)
By Investment Moats  •  May 30, 2024
A Singapore Treasury Bill issue (BS24111X) will be auctioned on Thursday, 6th June 2024. If you wish to subscribe successfully, you must place your order via Internet banking (Cash, SRS, CPF-OA, CPF-SA) or in person (CPF) by 5th June. Singaporeans, PR, and non-Singaporeans can all buy these Singapore Treasury Bills. You can view the details at MAS here. In the past, I have shared with you the virtues of the Singapore T-bills, their ideal uses, and how to subscribe to them here: How to Buy Singapore 6-Month Treasury Bills (T-Bills) or 1-Year SGS Bonds. The Tbill cut-off yield in the last auction is 3.65%. If you select a non-competitive bid, you may be pro-rated the amount you bid and would yield 3.65%. If you would like to ensure you secured all that you bid, it will be better to select a competitive bid, but you need to get your bid right. Some past non-competitive auctions were pro-rated. Here are some past examples:...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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