Singapore Fixed Income Market Update: Latest 6-Month T-Bill Yield at 2.05% Reflects Downward Interest Rate Trend
Dear readers, today, I would like to discuss the recent developments in Singapore’s fixed income market, particularly focusing on the latest 6-month Singapore Treasury Bill (T-bill), BS25111T, which was auctioned on June 5, 2025. This T-bill is currently offering an annualized interest rate of just 2.05%. While on the surface this might seem like a








