I have ocbc sg account with CDP. been parking money in FD

how can I find out more on T bill that betters the FD ? since the FD is kind of dropping in spore

in short, T-bill outperforms SGS ?

how do we know when is the next issuance for T-Bill ?

I am loss.

can I apply T-Bill for the 22 June Auction with the 27 June issue date?

what determine the yield ? M1 supply ? interest rate, etc ?

the window to subscrive to T-Bill is only few days right ? we cant buy in advance ?

pls let me know when is the best time to go in, the bid opens at 5pm right? allotment totally random or FCFS.

if the non competitive bid exceeds the allotment, then FCFS ? or proportionate ?

just went in 50% NC, another 50% Comp will be before the closing date.

Yesterday forgot to go in the other 50%. anyway, next upcoming T-Bill

20 July - 6 month
27 July - 1 year

I believe that 1 year T-bill would be attractive in view of the declining FD rate.

Your application of 30 Jun 2023, made via Online Banking, is successful. 3.99%. u beat me to it.

This post has been edited by ccschua: Jul 6 2023, 02:39 PM

today 3pm will announce result of 20 July closing T Bill ? is it true that bid NC + 0.1% will be 100% allocated ?

Previouls T Bill I bid NC and was 100% allocated.

now the FED raise the funds to 5.5%, the bond yield has to be up. watch up the T Bill.

things dont look good. the COY for this exercise could be 3.8 to 3.9 as expected. it will only mean more liquidity in the market.

since there was a run up in the T-bill yield last year, I believe with the matured bill, a lot of funds is goind to flood the market. more headwind on the COY.

i totally miss this one, when its the highest.

does this mean MAS is intentionally strengthening its currency against the basket of currency ?

seems like going up.

tomorrow is the opening of 1Y T Bill. close 1 week later.

oh yes. i read wrongly.

I bid 3.9% and got all, so is all my NC tranche.