1year
1-year T-bill yield falls to 3.45%. Here’s what led to the sharp decline – Beragampengetahuan
What happened? Many investors were disappointed with the result of the latest Singapore T-bill auction. The cut-off yield on the 1-year T-bill (BY24100T) fell sharply to 3.45% from 3.7% in the previous auction. It also represents a sharp decline from the closing yield of 3.72% as of 24 January 2024. Source: MAS The cut-off yield of […]
1-year T-bill yield falls to 3.7%. Here’s what we learnt from the latest auction – Beragampengetahuan
What happened? Many in the Beansprout community were wondering if we might see a sharp decline in the yield in the 1-year Singapore T-bill auction (BY23103V) on 19 October. This came about after the yield on the 6-month T-bill fell to 3.87% in the previous auction, driven by the surge in demand. There was hence […]