What happened?
I was surprised by the result for the latest 6-month Singapore T-bill auction. The cut off yield for the 6-month Singapore T-bill (BS25104H) auction on 27 February was at 2.75%. This would represent a sharp decline in the T-bill yield compared to the cut-off yield of 2.90% in the previous 6-month T-bill auction on 13 February. It would also be the lowest yield on the 6-month Singapore T-bill since July 2022. Like myself, many in the Beansprout Telegram community were interested to find out what is driving the fall in the T-bill yield, and what are some alternatives to consider if we are not able to get our planned allotment. Let's dive in to find out more.Stay updated on the next T-bill
