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T-bill yield falls to 3.7%. Here’s why the yield is lower

What happened? There was much discussion about the latest Singapore T-bill auction in the Beansprout community today.  The cut-off yield for the 6-month Singapore T-bill auction (BS24109A) on 9 May was at 3.7%, a slight decline from 3.74% in the previous auction. This would mark the third consecutive decline in the cut-off yield on the 6-month T-bill, after it […]

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