Treasury Bills (T-bills)
At a glance
Singapore Treasury Bills (T-bills) are fully backed by the Singapore government, and offer you a sound way to earn a regular interest payment.
T-bills have a short maturity period of 6 or 12 months.
Risks
- Interest Rate Risk: When interest rates go up, the price of the bond may come down. Hence, you may suffer capital losses if you were to sell the bond before its maturity date.
- Liquidity Risk: After you have been issued the Singapore T-bill, it may not be easy to buy or sell them in the secondary market before they mature.
- No certainty on yield: The cut-off yield for the T-bill is determined by demand and supply at the auction.
- Not SDIC Insured: T-bills are not insured under Singapore Deposit Insurance Corporation Limited (SDIC). However, they are guaranteed by the Singapore government.
Latest cut-off yield
Based on the latest T-bill cut-off yield. Please note that rate is not guaranteed as cut-off yield is determined after bidding.
- 6 months
- 3.06%
- 12 months
- 3.38%
- Minimum investment sum from S$1000
Important dates to note
Auction date
- 6 months
- 24 Oct 2024
- 12 months
- 17 Oct 2024