source: https://thefinance.sg/2024/04/25/6-month-t-bills-yields-stabilise-at-3-74-demand-for-t-bills-drops-from-record-highs-25-april-2024-auction-results/
In my weekend article, I estimated a yield of 3.70% – 3.85% for the upcoming 6-month T-Bills auction. Well, the auction results are out – 3.74%, towards the lower end of my projected range. However T-Bills demand fell quite a bit to $14.4 billion (vs $16 billion the previous auction). While auction amount increased to $6.6 billion (vs 6.3 […]