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Top Fixed Deposit Rates in Singapore offer 3.20% yield – Better buy than T-Bills? Estimated yield for next T-Bills auction? (Oct 2024)
By Financial Horse  •  October 6, 2024
Now the next T-Bills auction is on Thursday 10 Oct. But with T-Bills yields falling to 2.97% at the latest auction, I’m just not sure how attractive T-Bills are anymore. At 2.97%, after factoring in lost interest, you’re not really ahead by a lot using CPF-OA to buy T-Bills. And at 2.97%, there are quite a few other cash options out there with higher yields. 3 questions I wanted to discuss today:
  1. Estimated yield on next T-Bills auction?
  2. Top Fixed Deposit Rates in Singapore (Oct 2024)
  3. Where would I put my cash?
Estimated yield on next T-Bills auction is 2.95 – 3.05%? (Thursday 10 Oct) With the fall in T-Bills interest rates, I’m not sure whether it makes sense for me to continue doing the full T-Bills articles before each auction. So let me know what you guys think, and if still them helpful / want me to continue those. But generally speaking, I’ve extracted the high level charts below....
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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