The closing yield on the 6-month Singapore T-bill was at 2.99% on 23 January.
What happened?
It seems like T-bills are back in favour again with the record amount of T-bill applications in the previous auction.
Amidst my Lunar New Year preparations, I am watching the 6-month Singapore T-bill auction (BS25102Z) on 28 January 2025 closely.
I have seen some questions in the Beansprout community about the upcoming T-bill auction, including whether there will be loss of additional CPF interest for CPF-OA applications.
In this post, I will be looking at the latest indicators to find out if it might still be worthwhile applying for the upcoming Singapore T-bill.
Source: MAS Here's what to expect for the Singapore T-bill auction on 28 Jan
#1 – US bond yields remain elevated
US government bond yields have stayed high in recent weeks.
The 10-year US government bond yield was at 4.6% at at 23 January, having retreated from a recent high of...