The cut-off yield on the latest Singapore T-bill auction on 18 July fell to 3.64%.
What happened?
The latest results for the 6-month Singapore T-bill auction are out.
The cut-off yield for the 6-month Singapore T-bill (BS24114V) on 18 July fell to 3.64% from 3.7% in the previous auction.
This would represent a fairly sizeable decline from a yield of 3.76% in the auction on 6 June.
I saw that some investors in the Beansprout community were interested to find out why the yield is lower.
In this post, I will be sharing more about why the cut-off yield for the Singapore T-bill fell.
Source: MAS
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