Dear readers, the latest 6-month T-bill, BS25100E is now up for application.
The T-bill has an auction date of 2 Jan 25 and issue date of 7 Jan 25.
The T-bill will mature on 8 Jul 25.
For the most recent two 6-month T-bills which have closed, the interest rate (cut-off yield) has increased, from 3% per annum to 3.02% per annum.
With the US Federal Reserves signaling a few number of rate cuts next year, I believe the interest rate (cut-off yield) of BS25100T will continue to climb higher. And if so, this will be good news to savers.