Earning 3% from Singapore T-bills may not last or be enough 

THE yield one can get now from the risk-free Singapore six-month Treasury bill (T-bill) is lower than a few months back. The cut-off yield on the latest issue, with issue date of Dec 10, was 3 per cent per annum, against the 3.74 per cent per annum for the six-month T-bill issued in late June.

Still, the six-month T-bill’s yield today is rich compared to early 2022, when the annual yield was below 1 per cent. 

Putting money in risk-free Singapore dollar fixed deposits or T-bills can be attractive for retirees. The Singapore currency is strong and the nation’s fiscal position is robust, unlike many countries where government spending is ballooning, and the fiscal deficit is growing.