The next 6-month
T-Bills auction is on 20 June 2024.
Generally speaking – T-Bills yields have been steadily declining of late.
From as high as 3.8% just a couple of auctions ago (late March).
T-Bills yields have fallen to 3.65% in the previous auction.
Surprisingly though – in the most recent auction, T-Bills yields bucked the recent trend and jumped to
3.76%.
Will this signal higher yields going forward?
Couple of questions I wanted to discuss today:
- What is the estimated yield on the next 6-month T-Bills auction?
- Are T-Bills a better buy than Fixed Deposits, Singapore Savings Bonds, or money market funds?
- Where to park cash today to maximise yield and liquidity?
Next T-Bills auction is on 20 June (Thurs) – BS24112W 6-Month T-bill
Next 6 months
T-Bills auction is on
20 June (Thurs).
This means that:
- For cash or SRS applications, the deadline is 9pm on 19 June (Wed)
- For CPF-OA applications, the deadline is 9pm on 18 June (Tues)
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