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 […]

source: https://thefinance.sg/2024/01/25/1-year-t-bill-yield-falls-to-3-45-heres-what-led-to-the-sharp-decline/