What happened?

The latest 6-month Singapore T-bill auction results are out. The cut-off yield of the 6-month Singapore T-bill (BS26113X) rose to 1.50% in the auction on 2 July 2026. With the increase in the latest auction, the 6-month Singapore T-bill yield would be highest since the start of the year. This represents an increase from the yield of 1.47% in the previous auction on 18 June. I have seen on-going 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 keeping T-bill yield elevated, 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 slightly

Total...