Singapore Treasury bills (T-bills)

[ckman3]

Latest 1 year Tbill COY is 1.35%. Better than 12mths FD rates.

 

[bigrooster]

Auction: BY25103W 1-Year T-bill (New) ​

Cut-off Yield : 1.35% p.a.
Cut-off Price : 98.654
Median Yield : 1.2% p.a.
Median Price : 98.803
Average Yield : 1.16% p.a.
Average Price : 98.843

 

[semiret]

Result of today's Auctions

Cut-off Yield1.41% p.a.
Cut-off Price99.297
Median Yield1.35% p.a.
Median Price99.327
Average Yield1.29% p.a.
Average Price99.357

 

[Jurong640]

yield is so low, wonder if anyone still going for it? The last time i bought was 3%

 

[reddevil0728]

yield is so low, wonder if anyone still going for it? The last time i bought was 3%

Don’t need to worry. Always over subscribe one.

 

[oric1]

yield is so low, wonder if anyone still going for it? The last time i bought was 3%

Yes. Been building ladder every 2 weeks since 2023 and getting average slightly over 3% now fortnightly even though it's on a downward trend, sooner or later it will pickup again.

 

[reddevil0728]

Yes. Been building ladder every 2 weeks since 2023 and getting average slightly over 3% now fortnightly even though it's on a downward trend, sooner or later it will pickup again.

Pick up again really depends on whether interest rate will increase lor.

and something must happen to the world for that to take place.

 

[stephenbishop]

yield is so low, wonder if anyone still going for it? The last time i bought was 3%

Still higher than most 6 month FD rates!

 

[Cowbellc]

Heard US Tbills 3pa
any bros can sic how to buy?
gamsia?

 

[reddevil0728]

Heard US Tbills 3pa
any bros can sic how to buy?
gamsia?

have you considered that there's a reason why it is higher %?

 

[Cowbellc]

have you considered that there's a reason why it is higher %?

Sg bill yield 1.9pa
US bills higher cos uncertainty of fed n admin policies?

 

[Cowbellc]

yield is so low, wonder if anyone still going for it? The last time i bought was 3%

I put 45k. 1.9pa. Muz Divide by 2 somemore

 

[reddevil0728]

Sg bill yield 1.9pa
US bills higher cos uncertainty of fed n admin policies?

Not as straightforward as it looks. USD rates are higher mainly because the U.S. Fed uses interest rates to fight inflation, so theirs go up and down a lot.

Singapore’s system is different. MAS controls inflation by managing the SGD exchange rate instead of raising interest rates. So our rates stay lower and more stable.

That’s why you see higher USD deposit rates, but that doesn’t automatically mean you’ll earn more. Once you convert your SGD to USD, you’re taking exchange rate risk. If USD drops against SGD later, the higher interest can easily be cancelled out, or you might even lose when converting back.

In short, the higher USD rate already prices in that risk, markets expect USD to weaken over time.

If got such good deal, will be earning loads liao

 

[reddevil0728]

I put 45k. 1.9pa. Muz Divide by 2 somemore

dun get why is it divide by 2.

 

[Cowbellc]

dun get why is it divide by 2.

Half yr loh.

 

[reddevil0728]

Half yr loh.

ehhhhh but you are talking about PER ANNUM. so it's still going to be 1.9% pa.

 

[reddevil0728]

@Cowbellc

anyway like i said in the other thread. what's the point about being sad? we know life is never so straightforward. this is a known thing.

so instead of channeling the energy to feel sad about what's known. might as well channel the energy to do something to make the best of it.

how old are you? any investments other than just trying to put into savings

 

[Cowbellc]

ehhhhh but you are talking about PER ANNUM. so it's still going to be 1.9% pa.

My t bills is 182 day maturity
So yields is half.

 

[reddevil0728]

My t bills is 182 day maturity
So yields is half.

yea but the yield you are quoting is in per annum what no meh?

 

[Cowbellc]

@Cowbellc

anyway like i said in the other thread. what's the point about being sad? we know life is never so straightforward. this is a known thing.

so instead of channeling the energy to feel sad about what's known. might as well channel the energy to do something to make the best of it.

how old are you? any other investments other than just trying to put into savings

Actually i allocate 100k for investment.
Dun like to take risk so juz t bills or FD when there's a code
Dun wanna do long term cos body not as gd as b4.
Rest juz in bank earning pitiful interest lol