What happened?
The results of the latest 6-month Singapore T-bill auction are out. The
cut-off yield of the 6-month Singapore T-bill was at 1.46% in the auction on 26 March 2026. This
represents a fairly significant increase from
the yield of 1.37% in the previous auction on 12 March. Earlier,
I shared that we have seen US government bond yields moving higher with an escalation of the Middle East conflict and
lower expectations of interest rate cuts. I have also seen more discussion in the
Beansprout community about
whether it is better to park their cash in T-bills or fixed deposits in the uncertain environment. In this article, I'll look at what is driving the increase in T-bill yield, as well as how it compares to the
best fixed deposit rates in Singapore as a place to park your cash to earn a higher yield. Source: MAS
...