What happened?
If you've been eyeing Singapore T-bills as a place to
generate passive income, the latest numbers might be disappointing. The cut off yield for the
6-month Singapore T-bill (BS25115V) fell to 1.77% in the auction on 31 July 2025. This follows the
decline in the 1-year Singapore T-bill yield earlier. With the decline in the T-bill yield, I'll share
how it compares to the best fixed deposit rates as a place to park your spare cash. Source: MAS
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What we learnt from the latest 6-month Singapore T-bill auction
#1 - Demand for the Singapore T-bill fell sharply
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