A Singapore Treasury Bill, identified as BS25102Z, is set to be auctioned on Tuesday, January 28, 2025. If you’re interested in participating, make sure to place your order by January 27. This can be done through Internet banking for Cash, SRS, CPF-OA, CPF-SA accounts, or in person if you’re using CPF. The opportunity to invest in these Singapore Treasury Bills is open to everyone: Singaporeans, permanent residents, and even non-Singaporeans.
For detailed information, feel free to visit the MAS website. I’ve previously discussed at length the benefits of Singapore Treasury Bills, their best applications, and the step-by-step process of how to subscribe. You might find the guide titled “How to Buy Singapore 6-Month Treasury Bills (T-Bills) or 1-Year SGS Bonds” particularly useful.
Reflecting on the most recent auction, the T-bill’s cut-off yield stood at 2.99%. If you go for a non-competitive bid, there’s a chance your bid might be pro-rated, ultimately achieving that same yield of 2.99%. However, if you’re determined to secure the entire amount you bid for, it’s wise to opt for a competitive bid. Just keep in mind, this requires you to carefully strategize your bid…
