Dear readers, the Auction Results of the JULY 2023 BS23113V 6-Month T-bill is announced today.
The cut-off yield of the T-bill is 3.99% per annum which to me is very decent, considering that banks these days are in a trend of reducing their fixed deposit interest rates.
And furthermore, the cut-off yield is even higher than the 3.89% per annum cut-off yield of the previous T-bill (BS23112N 6-Month T-bill).
I have also previously shared that the most recent Singapore Savings Bonds for application (SBAug23) also offers a very reasonable yield, at 2.99% per annum, also again in this current backdrop of what seems to be decreasing interest rates.
With the reasonably still higher interest rates of these recent T-bill and Singapore Savings Bonds, I believe it is good news for savers with short-term to long-term savings goals!
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!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!