The latest cutoff yield for the 1-Year Singapore Treasury Bills, with the designation BS25106X, has been set at 2.73% annually. Known for their low-risk profile, SGS T Bills present a viable option for those looking to potentially enhance their financial portfolio. When it comes to interest rates, Treasury Bills in Singapore often surpass those offered by Singapore Savings Bonds and the majority of fixed deposits. However, it’s worth noting that the current issue of these T Bills is bringing in a slightly lower return compared to the 2.85% per annum offered by the SBAPR25. But before jumping to conclusions, remember that these two financial instruments aren’t entirely comparable. For instance, if you were to invest in SBAPR25 just for the first year, you’d also get a return of 2.73% annually. The 2.85% yearly return only kicks in if you commit to SBAPR25 for the entire 10-year term.
Looking at the chart above, the…
