What happened?
The latest 6-month Singapore T-bill auction results are out. The
cut-off yield of the 6-month Singapore T-bill (BS26111H) rose to 1.48% in the auction on 4 June 2026.
This represents an increase from the yield of 1.45% in the previous auction on 21 May. I have seen some discussion in the
Beansprout telegram community about how the T-bill compares to the
best fixed deposit rates in Singapore as a place to park our cash to earn a higher yield. In this article, I’ll look at what is pushing the T-bill yield higher, and whether there are better alternatives for investors looking to park their cash. Source: MAS
What we learnt from the latest 6-month Singapore T-bill auction
#1 - Demand for the Singapore T-bill fell sharply
Total applications for the 6-month Singapore T-bill decreased to S$14.1 billion in the latest auction on 4 June from
S$18 billion...