Dear readers, the latest 6-month Treasury Bill (T-Bill), BS23122F is open for application.
Before we take a look at the key details of BS23122F, let us visit the cut-off yield (interest rate) of the preceding Treasury Bills as below.
BS23121A, auction date: 26 Oct 23; cut-off yield of 3.95% per annum.
BS23120A, auction date: 12 Oct 23; cut-off yield of 3.87% per annum.
BS23119H, auction date: 28 Sep 23; cut-off yield of 4.07% per annum.
BS23118F, auction date: 14 Sep 23; cut-off yield of 3.73% per annum.
BS23117F, auction date: 31 Aug 23; cut-off yield of 3.70% per annum.
BS23116F, auction date: 17 Aug 23; cut-off yield of 3.73% per annum.
BS23115E, auction date: 3 Aug 23; cut-off yield of 3.75% per annum
BS23114A, auction date: 20 Jul 23; cut-off yield of 3.85% per annum
BS23113V, auction date: 6 Jul 23; cut-off yield of 3.99% per annum
BS23112N, auction date: 22 Jun 23; cut-off yield of 3.89% p.a. per annum
BS23111W, auction date: 8 Jun 23; cut-off yield of 3.84% p.a. per annum
I believe when readers read about the cut-off yields for the Singapore T-bills for the past 6 months, what stand out will be BS23119H which has a cut-off yield of more than 4%!
However, what follows is quite a disappointment, as the T-bill, BS23120A, right after BS23119H, returned a cut-off yield of just 3.87% per annum.
The cut-off yield of the T-bill which just closed has its cut-off yield increased to near 4% per annum. Given the above, I believe the cut-off yield of BS23122F may reach a high of 4% per annum.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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