[Napoleon Porlumpar]

bros...............what's the major difference ah ?.............if one is clearly better, who will invest in the other one ?

some more the T-Bills got (non)-competitive rates.........what's the difference ah ?

every 6 months must apply again ?..............T-Bills are not traded, right ?

[sgh]

bros...............what's the major difference ah ?.............if one is clearly better, who will invest in the other one ?

some more the T-Bills got (non)-competitive rates.........what's the difference ah ?

every 6 months must apply again ?..............T-Bills are not traded, right ?

SSB is typically 10 years. 1 year give 2 times interest. If you want to redeem before 10 years up also can but once a month got cutoff dates to apply. SSB apply and redeem each time pay $2 fee.

T-Bill got 6 month and 12 month. Upfront give you interest. When mature you get back your principal and yes you need apply again.
T-Bill allocate 40% of the total size to non-competitive bids first. Then the rest to competitive bids. The lowest competitive bid typically can get full but you sabo other bidders lor. Think of like COE but reverse.
T-Bill in theory can be traded but not via SGX I think.
T-Bill apply no need pay fee.

[ysh02]

Bid higher don't sabo other bidders....non competitive bid okay already.....

[sgh]

Bid higher don't sabo other bidders....non competitive bid okay already.....

If say want to apply to COE also bid higher don't sabo other bidders? hahahaa....

[moonrab]

Bid higher don't sabo other bidders....non competitive bid okay already.....

What is higher..

[Gemstar]

SSB is typically 10 years. 1 year give 2 times interest. If you want to redeem before 10 years up also can but once a month got cutoff dates to apply. SSB apply and redeem each time pay $2 fee.

T-Bill got 6 month and 12 month. Upfront give you interest. When mature you get back your principal and yes you need apply again.
T-Bill allocate 40% of the total size to non-competitive bids first. Then the rest to competitive bids. The lowest competitive bid typically can get full but you sabo other bidders lor. Think of like COE but reverse.
T-Bill in theory can be traded but not via SGX I think.
T-Bill apply no need pay fee.

Great info. Very straight forward and easy to understand. 

[hansamu]

Best to hold treasury bills to maturity to ensure you don't lose money. 

If you need money and sell before maturity ,you will likely incur losses.

[RichDad]

If say want to apply to COE also bid higher don't sabo other bidders? hahahaa....

Both are same type of auction. It is a Dutch auction.

In the case of T Bills, bidding lower, not higher, sabo others. COE the other way around but same concept.

[moneyspinner]

Both are same type of auction. It is a Dutch auction.

In the case of T Bills, bidding lower, not higher,  sabo others. COE the other way around but same concept.

Both auction schemes are designed to work to the benefit of the government. T /Bill to pay the lowest interest rate and COE to get the highest bidding price in an auction or bidding exercise

[ysh02]

Buy higher get higher yield loh....