source: https://thefinance.sg/2024/04/21/6-month-t-bills-auction-on-25-april-will-interest-rates-break-4-0-or-drop-buy-t-bills-vs-fixed-deposit-singapore-savings-bonds-or-money-market-funds/
So the next 6-month T-Bills auction is on 25 April. After closing as high as 4.07% in late 2023. T-Bills yields then dropped as low as 3.54%. In the most recent auction however, T-Bills closed at 3.75% yield. Bank fixed deposit rates have been steadily declining of late – so at 3.75%, 6-month T-Bills offer a much higher […]