Singapore Treasury bills (T-bills)

[ericcsn]

For big amounts of cash there are still good deals out there in September.

 

[bigrooster]

Auction: BS24119S 6-Month T-bill (New) ​

Cut-off Yield : 2.97% p.a.
Cut-off Price : 98.519
Median Yield : 2.85% p.a.
Median Price : 98.579
Average Yield : 2.79% p.a.
Average Price : 98.609

 

[reddevil0728]

Auction: BS24119S 6-Month T-bill (New) ​

Cut-off Yield : 2.97% p.a.
Cut-off Price : 98.519
Median Yield : 2.85% p.a.
Median Price : 98.579
Average Yield : 2.79% p.a.
Average Price : 98.609

below 3% liao

 

[therat]

Once above $20k its 0,05%
6mths 2.9%
Thats why I bid for this tbill

MayBank isavvy FB 6mth 3.2% min 20K

I move my fund to this. This round T-bill, I didn't bid.

Just check maybank web, they have lower the % to 3.1% effective today

 

[LionKingBu]

MayBank isavvy FB 6mth 3.2% min 20K

I move my fund to this. This round T-bill, I didn't bid.

Just check maybank web, they have lower the % to 3.1% effective tod

MayBank isavvy FB 6mth 3.2% min 20K

I move my fund to this. This round T-bill, I didn't bid.

Just check maybank web, they have lower the % to 3.1% effective today

to each their own
anyway i dont have account with may bank

 

[reddevil0728]

to each their own anyway
i dont have account with may bank

nothing to do with preferences.

it just stating facts.

 

[LionKingBu]

below 3%

Auction: BS24119S 6-Month T-bill (New) ​

Cut-off Yield : 2.97% p.a.
Cut-off Price : 98.519
Median Yield : 2.85% p.a.
Median Price : 98.579
Average Yield : 2.79% p.a.
Average Price : 98.609

so nc will get full ?

 

[reddevil0728]

so nc will get full ?

Allotment​

Total Amount AllottedS$6.8 billion
Amount Allotted to Non-Competitive ApplicationsS$1.5 billion
Amount Allotted to MASS$0.0 million
Total Amount AppliedS$13.9 billion
% of Competitive Applications at Cut-off AllottedApproximately 95%
% of Non-Competitive Applications Allotted100%
Bid-to-Cover Ratio2.05

Yield and Price​

Cut-off Yield2.97% p.a.
Cut-off Price98.519
Median Yield2.85% p.a.
Median Price98.579
Average Yield2.79% p.a.
Average Price98.609

Yes because NC applied for less than 40% of the total

 

[LionKingBu]

nothing to do with preferences.

it just stating facts.

its a fact

but i just dont trust maybank

 

[reddevil0728]

its a fact

but i just dont trust maybank

yea that's a separate thing... cause when u mention "to each their own" without further context, you seem to suggest is about preference.

 

[d5dude]

Auction: BS24119S 6-Month T-bill (New) ​

Cut-off Yield : 2.97% p.a.
Cut-off Price : 98.519
Median Yield : 2.85% p.a.
Median Price : 98.579
Average Yield : 2.79% p.a.
Average Price : 98.609

Yield even lower than last month's SSB.

 

[reddevil0728]

Yield even lower than last month's SSB.

eh cause different metric?

 

[gregory_choo]

its a fact

but i just dont trust maybank

if less than 100,000, you are protected.

 

[~sabaisabai~]

Auction: BS24119S 6-Month T-bill (New) ​

Cut-off Yield : 2.97% p.a.
Cut-off Price : 98.519
Median Yield : 2.85% p.a.
Median Price : 98.579
Average Yield : 2.79% p.a.
Average Price : 98.609

this rate was quite near to sep 2022. it was 2.99

 

[maumu]

this rate was quite near to sep 2022. it was 2.99

It has been a good two-year run. like the saying all good things must come to an end..

Will still be laddering to clock the amount for DBS Multiplier.

 

[Ahboy069]

Good thing I went for maybank 3.2% 6 months last week

 

[reddevil0728]

It has been a good two-year run. like the saying all good things must come to an end..

Will still be laddering to clock the amount for DBS Multiplier.

Why need to do that

 

[Jirachi]

Auction: BS24119S 6-Month T-bill (New) ​

Cut-off Yield : 2.97% p.a.
Cut-off Price : 98.519
Median Yield : 2.85% p.a.
Median Price : 98.579
Average Yield : 2.79% p.a.
Average Price : 98.609

Finally below 3.00%

 

[Shion]

https://www.straitstimes.com/busine...-averse-investors-even-as-yields-fall-below-3

 

[reddevil0728]

https://www.straitstimes.com/busine...-averse-investors-even-as-yields-fall-below-3

Madam Goh and Mr Liew always lodge non-competitive bids.

Madam Goh said she is content to earn some extra interest above the savings account rate of 0.05 per cent.

Mr Liew is not worried that the yield he gets is too low, as he believes the opportunity cost of missing out on a T-bill issue is greater.