This week's MAS Bill auction results:

Tenure	4-week	12-week
Cut-off yield	4.07%	4.03%
Median yield	3.98%	3.85%
Average yield	3.33%	3.51%
BTC ratio	2.46	2.14

Source:

4-week: https://www.mas.gov.sg/bonds-and-bills/auct...date=2023-03-03

12-week: https://www.mas.gov.sg/bonds-and-bills/auct...date=2023-03-03

Both 1-month and 3-month MAS bill above 4%. The response is cooler however, judging by BTC compared to last week's issuances.

Hi there. The 4-week and 12-week MAS bills are available for institutions only. Retail investors can only buy 6 month or 1-year T-bills (SGS bonds and SSBs too).

In the primary market, the 6 month T-bill is auctioned once every 2 weeks while the 1-year T-bill is auctioned once every quarter (4 issuances per year).

Yes, you can apply from anywhere in the world if you purchase the bills using cash (since it's online application, the banks aka the primary dealers deduct money from your account directly.) If you are using CPF monies to purchase, only DBS allows for online application at the moment (CPF investment account holders at OCBC and UOB will need to queue at SG bank branches to purchase the bills over the counter). You will also need a CDP account for primary market purchase of the bills. Having DBS/UOB/OCBC alone is not sufficient for purchasing the bills in the primary market.

Not sure what constitutes a noob guide. I wrote up some stuffs in the 2 links below. You can try to read them and see if you can understand them.

https://forum.lowyat.net/index.php?showtopi...ost&p=106297872

https://forum.lowyat.net/index.php?showtopi...ost&p=106023168

*All bills/T-bills above refer to SG T-bills, not the US ones.