The closing yield on the 6-month Singapore T-bill was at 1.40% on 28 April 2026.
What happened?
The next 6-month Singapore T-bill auction (BS26109N) will be on 7 May.
In the previous auction on 23 April, the cut-off yield for the 6-month Singapore T-bill fell to 1.40% from a recent high of 1.47% in the previous auction.
With the drop in cut-off yield, the Beansprout community has been discussing whether we could see a rebound in the Singapore T-bill yield.
In this article, I’ll look at some of the latest indicators to help us understand what the upcoming cut-off yield might be.
Here's what to expect for the Singapore T-bill auction on 7 May
#1 – US 10-year government bond yields have edged higher
The 10-year US government bond yield was at 4.36% as of 29 April 2026, higher than its levels of 4.27% two weeks ago.
This comes as Brent crude oil price reached the highest level in four years, after President Trump said he would extend the blockade on the Strait of Hormuz....