Must you purchase the 6-month or 1-year T-bill? Here is how we are deciding.
TL;DR
Taking a look at rates of interest, the present marketplace bond yield for the Singapore 6-month T-bill is very similar to the 1-year T-bill at 3.31% as of seven October 2022. We’d additionally want to believe if we wish to lock-in rates of interest now. For Singapore T-bill purchases the use of CPF OA, the lack of no less than one further month of CPF passion implies that it could be extra profitable to subscribe to the 1-year T-bill, assuming that rates of interest are the similar. There may additionally be a cap to allotments for non-competitive T-bill bids, as call for for T-bill continues to develop. The eventual cut-off yield for the 6-month and 1-year Singapore T-bill depends on the call for and provide of the T-bill. As such, some have prompt a method of splitting the bid throughout each auctions.
What took place?
The only query that the Beansprout neighborhood has been asking prior to now week, is whether or not we might…
