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T Bills Singapore BS24121A is 2.99%
By My Sweet Retirement  •  October 31, 2024
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The cutoff yield for 6-Month Singapore Treasury Bills (T Bills) BS24121A is 2.99% per annum. The cutoff yield for T Bills has been trending downwards since the Fed cut interest rates by 50 bps. The returns offer by similar financial products such as Singapore Savings Bonds and Bank Fixed Deposits were not spared as well. However, it is still possible to find investments with returns slightly above 3.00% per annum if you are lucky. As you observed from the above chart, Singapore Treasury Bills (T Bills) BS24120V offered a cutoff yield of 3.06% per annum. However, the 12-month issue of T Bill (BY24103N) offered a mere cutoff yield of only 2.71% per annum. In other words, we expect the cut-off yield for Singapore T Bills in upcoming months to be lumpy. The cutoff yield for future issue...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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