SG Talk

Full Version: latest t bill: 3.88% yield only
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Allotment

Total Amount Allotted   S$4.9 billion

Amount Allotted to Non-Competitive Applications   S$772.4 million

Amount Allotted to MAS   S$0.0 million

Total Amount Applied   S$12.9 billion

% of Competitive Applications at Cut-off AllottedApproximately    71%

% of Non-Competitive Applications Allotted   100%

Bid-to-Cover Ratio   2.63

Yield and Price

Cut-off Yield   3.88% p.a.

Cut-off Price   98.065

Median Yield    3.77% p.a.

Median Price   98.12

Average Yield   3.27% p.a.

Average Price   98.369
Yes so cash bidder should go for FD. Let the cpf bidders bid they will bid low to ensure they get it.
As expected
Lower than most FD. Soon it will be less popular like SSB.