New 6-Month Singapore T-Invoice Yield in Mid-August 2023 Ought to Drop to three.60% (for the Singaporean Savers) Receive US

A Singapore Treasury Invoice difficulty (BS23116F) can be auctioned on Thursday, seventeenth August 2023. Should you want to subscribe efficiently, get your order by way of Web banking (Money, SRS, CPF-OA, CPF-SA) or in individual (CPF) by sixteenth August. You can view the details at MAS here. Previously, I’ve shared with you the virtues of the Singapore T-bills, their preferrred makes use of, and how you can subscribe to them right here: How to Buy Singapore 6-Month Treasury Bills (T-Bills) or 1-Year SGS Bonds. Within the final difficulty announced two weeks ago and recently concluded, the present t-bills traded at a yield of three.86%. In the long run, the cut-off yield for the t-bill ended larger at 3.75%. For the second time, if you choose a non-competitive bid, you might be pro-rated the quantity you bid and would yield 3.85%. If you want to make sure you secured all that you simply bid, will probably be…