The cut-off yield for the 6-month Singapore T-bill rises to 1.59% p.a. in the latest auction on 30 July. What happened? The latest 6-month Singapore T-bill auction results are out. The cut-off yield for the 6-month Singapore T-bill (BS26115N) rose to 1.59% in the auction on 30 July 2026, marking its highest level since the start of the year. This was also the third consecutive increase in the 6-month T-bill yield, after the cut-off yield rose to 1.55% in the previous 6-month Singapore T-bill (BS26114W) auction on 16 July. Despite the increase, the latest 6-month T-bill yield remains below the 1.68% cut-off yield in the most recent 1-year T-bill auction on 23 July. 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 drove the increase in the T-bill yield...