Invest
T-bill yield falls to 3.7%. Here’s what is driving the decline
By Beansprout  •  July 4, 2024
The cut-off yield on the latest Singapore T-bill auction on 4 July fell to 3.7%. What happened? The auction results for the first Singapore 6-month T-bill auction for the second half of the year are out. The cut-off yield for the 6-month Singapore T-bill auction (BS24113N) on 4 July fell to 3.7% from 3.74% in the previous auction. This would represent the second consecutive decline in the cut-off yield for the 6-month Singapore T-bill. Thereafter, I saw a discussion in the Beansprout community on the reasons driving the lower yield. In this post, I will be sharing more about why the cut-off yield for the Singapore T-bill fell. Source: MAS What we learnt from the latest 6-month Singapore T-bill auction #1 - Demand for the Singapore T-bill remained strong The total amount of applications for the 6-month Singapore T-bill rose to S$15.6 billion from S$15.5 billion in the previous auction....
Read the full article
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.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance