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

What happened? Some investors were disappointed by the result of the latest Singapore T-bill auction. The cut-off yield for the 6-month Singapore T-bill (BS24101Z) was at 3.7%, falling from 3.74% in the previous auction. This was despite the spike in T-bills issued in the latest auction. Let us find out why the Singapore T-bill yield […]

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