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6-month T-Bills Auction on 9 May – Will interest rates cross 4.0% or fall again? T-Bills a better buy than Fixed Deposit, Singapore Savings Bonds or Money Market Funds?

So the next 6-month T-Bills auction is on 14 May 2024. 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 in 2024 – with the best fixed deposit only offering […]

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