Dear readers, the latest current 6-month T-bill which is receiving applications now is BS24108V.
The auction date of the T-bill is 25 Apr 24. Issue date of the T-bill is 30 Apr 24 and the T-bill will mature on 29 Oct 24.
Based on the cut-off yields of recent T-bills (as shown below), BS24108V should still provide applicants with a cut-off yield of more than 3.70% per annum.
BS24107N, auction date: 11 Apr 24; cut-off yield of 3.75% per annum
BS24106W, auction date: 27 Mar 24; cut-off yield of 3.80% per annum
BS24105X, auction date: 14 Mar 24; cut-off yield of 3.78% per annum
BS24104T, auction date: 29 Feb 24; cut-off yield of 3.80% per annum
Let us see whether my projection is correct.