Many of you have reached out, eager for a continuation of our T-Bills series, especially now that T-Bills yields have leveled out around 3.0%. So, let’s dive right into it.
Here’s what we’ll cover:
1. What can we expect as the estimated yield for the upcoming 6-month T-Bills auction?
2. What are the other investment options available in the current market? We’re looking at Fixed Deposits, Money Market Funds, and Bonds.
3. Will I be stepping back into the T-Bills arena myself?
Let’s start with the estimated yield on the upcoming 6-month T-Bills auction.
Mark your calendars for the next 6-month T-Bills auction, scheduled for December 19th, which falls on a Thursday. Here’s what you need to know about the application deadlines:
– For cash applications and CPF-OA applications made via DBS or OCBC internet banking, the cutoff is 9 p.m. on December 18th, Wednesday.
– If you’re applying via UOB for CPF-OA, be sure to submit by 9 p.m. on December 17th, Tuesday.
Now, onto the yield trends. At the latest auction, the yields for 6-month T-Bills slid to 3.0%, a slight dip from the 3.08% we saw in the previous round. It was a bit of a letdown, I must admit.
