Latest 6-month T-bill cut-off yield up at 3.95%; demand falls
THE latest tranche of six-month T-bills issued by the Monetary Authority of Singapore has an interest rate of 3.95 per cent, based on auction results on Thursday (Oct 26).
This is higher than the last issue – which had a cut-off yield of 3.87 per cent, but lower than the cut-off yield of 4.07 per cent offered in September.
The total amount allotted this time was S$5.7 billion, with S$2.2 billion allotted to non-competitive applications.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Yen tumbles to 34-year low; US dollar gains after inflation data
Fed repricing gives rise to new equities playbook in Asia
Dasin Retail Trust’s creditor to repossess director’s properties over loan default
Is Jurong Island’s carbon test bed too small and conservative? A*Star institute head thinks not
Tech rally propels emerging stocks to best week since July
Bank of Singapore takes action against employees for misusing medical benefits