The cut-off yield on the latest 1-year Singapore T-bill rose to 1.68% in the auction on 23 July 2026.
What happened?
The results of the latest 1-year Singapore T-bill auction are out.
The cut-off yield for the 1-year Singapore T-bill (BY26102T) rose to 1.68% in the auction on 23 July.
Earlier, we shared that the 1-year Singapore T-bill yield was lower than the 6-month Singapore T-bill yield.
Source: MAS
This latest 1-year T-bill yield is higher compared to the yield of 1.46% in the previous 1-year T-bill auction.
In this article, we will find out what is driving the jump in the Singapore T-bill yield, and if there are other ways to earn a yield of above 1.68%.
What we learnt from the latest 1-year Singapore T-bill auction
#1 – Stronger demand for 1-year T-bill compared to the previous auction
Total applications for the latest Singapore 1-year T-bill increased to S$13.4 billion, up from S$12.4 billion in the previous 1-year T-bill auction on 16 April 2026....