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Will the T-bill yield stay above 3% in the auction on 24 Oct?
By Beansprout  •  October 19, 2024
The closing yield on the 6-month Singapore T-bill was at 3.01% on 17 October. What happened Investors appear to be getting mixed signals about the Singapore T-bill recently. On one hand, we saw the cut-off yield for the previous 6 month Singapore T-bill rebounding to 3.06% in the auction on 10 October. On the other hand, the cut-off yield for latest 1-year Singapore T-bill fell sharply to 2.71% in the auction on 17 October.  With the next 6-month Singapore T-bill auction (BS24121A) coming up on 24 October 2024, I have seen questions in the Beansprout community about whether it is still worthwhile applying for the T-bill. As such, I decided to find out what the latest indicators are telling us about the potential yield on the upcoming T-bill auction. Source: MAS Top of Form Don't miss out on the next T-bill Sign up to receive a free email reminder when the next Singapore T-bill auction is open. Bottom of Form...
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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.
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