The closing yield on the 6-month Singapore T-bill was at 2.73%.
What happened?
The next 6-month Singapore T-bill auction (BS25105T) will be coming up on 13 March 2025.
Despite the sharp fall in T-bill yields recently, it still seems like many investors are interested in the T-bills.
In the past auction, demand for the 6-month Singapore T-bill remained close to a record high despite a fall in the cut-off yield to 2.75%.
Likewise, I still see many questions in the Beansprout community on the T-bill
In this post, I will be looking at the latest indicators to find out if it might still be worthwhile applying for the upcoming T-bill auction.
Source: MAS
Here's what to expect for the Singapore T-bill auction on 13 March
#1 – US bond yields have declined
The 10-year US government bond yield stood at 4.2% on 7 March, declining from 4.4% from two weeks ago.
This is due to growing concerns about a sharp economic slowdown in the US...