Late December 2022 T-Bill: 4.28% P.A. Yield
After the high cut-off yield of 4.4% p.a. yield earlier this month, late December’s treasury bill (BS22125T) has a cut-off yield of 4.28% p.a. S$4.4 billion was allotted with a considerably higher application amount of S$11.8 billion (as opposed to S$9.3 billion in early December’s t-bill).
Allotment results
Non-competitive applications were 100% allotted.
Tap here to read more about how bidding works.
Despite a higher median and average yield of 4% p.a. and 3.76% p.a compared to the last t-bill, the cut-off yield is lower. This is because the application amount is some 26.8% higher, explains Xris from the group chat.
Extended until 7th December: sign up for Webull with this link, fund any amount for 30 days and get 10 free shares! That’s US$80 to US$5,000 worth of rewards! Further deposit US$100,000 and get bonus US$3,000!
Subscribe to the Telegram for more great deals and updates. Prefer email or WhatsApp? Tap here.
Next t-bill
This is the last t-bill issued for the year of 2022, although there is another 6-month t-bill that would be open for application from 28th December 2022 with an auction date of 5th January 2023.
In January 2023, there would be a 6-month t-bill open for application on 11th January 2023.
There will also be a 1-year t-bill opening for application on 17th January 2023. It is the first 1-year t-bill for 2023 to be open for individual subscription next year, and there will only be a total of 4 t-bills of such tenure for 2023. It’ll be interesting to see what kind of rates it’ll close at on its auction date of 26th January 2023.
Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.
Subscribe to the channel, then join the group chat. You would often benefit from the tips shared exclusively in the group chat!
Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!
Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opnion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).