On Thursday, February 27, 2025, an auction for a Singapore Treasury Bill issue (BS25104H) is scheduled to take place. To ensure your participation, you should place your order by February 26, either through Internet banking options like Cash, SRS, CPF-OA, CPF-SA, or by visiting in person for CPF transactions. These Treasury Bills are open to Singaporeans, Permanent Residents, and even non-Singaporeans alike. For more detailed information, you can check the specifics provided by MAS.
Previously, I’ve highlighted the benefits of investing in Singapore Treasury Bills, discussed their optimal applications, and explained the subscription process in a guide on how to purchase either 6-Month Treasury Bills or 1-Year SGS Bonds.
In the last auction, the cut-off yield for these T-bills was set at 2.90%. If you decide to go with a non-competitive bid, there’s a chance your bid will be prorated, securing you a yield of 2.90%. However, if obtaining the full amount of your bid is a priority, opting for a competitive bid might be the way forward, though it’s important to carefully determine your bid amount.
