Dear readers, the latest 6-month T-bill, BS24113N is now open for application.
The auction date of BS24113N is 4 Jul 24 and issue date is 9 Jul 24. The T-bill matures on 7 Jan 25.
The recent cut-off yields of the 6-month T-bills remain reasonably strong at around 3.75% per annum:
BS24112W, auction date: 20 Jun 24; cut-off yield of 3.74% per annum
BS24111X, auction date: 6 Jun 24; cut-off yield of 3.76% per annum
Based on my records, the cut-off yields of majority of the 6-month T-bills with auction dates this year, hover around 3.75% per annum.
Many years ago, when interest rate of T-bills are not as attractive as now, many dividend-seeking investors invest in stocks which provide on average 4% per annum dividend yields. However, stock investing is with risk to capital.
Compared to T-bills which now offer close to 4% per annum interests at relatively not much of a capital risk and I believe savers are getting a good deal!
However, everything must be taken in context. These days, the cost of living is much higher as compared to the past and I believe in general, a non-investor spends more these days than many years ago.
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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