The newest 6 months T-bill public sale noticed a cut-off yield of three.78% p.a.
Fairly respectable though it dipped barely from 3.8% p.a. we noticed within the public sale earlier than this.
Higher than the three.4% p.a. supply from CIMB for a 6 months mounted deposit.
So, adequate for me.
Round 96% of non-competitive functions, complete S$2.5 billion, have been allotted within the newest public sale.
Thankfully, I utilized for the T-bill not solely with funds that got here again from a matured T-bill, I topped up with contemporary funds.
So, I acquired to strengthen my T-bill ladder nonetheless.
Cash from the partial sale of my funding in Sabana REIT is in.
The plan is to deploy the funds when there’s a pull-back within the inventory costs of our native banks.
I’ll park the cash in upcoming T-bills in the intervening time.
Simply AK speaking to himself, as typical.
If AK can do it, so are you able to!
