Dear results, the interest rate of Singapore’s latest T-bill (BS23119H) was announced yesterday as part of the auction results.
In what could be one of the most welcoming news to Singapore savers, the interest rate of Singapore’s 6-month T-bill truly and definitely crosses above 4% per annum.
Yes, that’s right! The cut-off yield of BS23119H is at 4.07% per annnum and this is definitely much higher than my estimate of 3.75% per annum that I have previously shared.
With this, let us take a look at the cut-off yield of Singapore’s recent T-bills below.
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
Savings has become much more attractive now!
And to save more, let us watch our spendings every day to increase our savings even more!
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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