BS24117F 6-Month T-Bill: Anticipated Cut-Off Yield

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Dear readers, the BS24117F 6-month T-bill is now open for application. The auction date of the T-bill is 29 Aug 2024 and the issue date of the T-bill is 3 Sep 24. The maturity of the T-bill is 4 Mar 25.


It is natural for interested applicants of BS24117F 6-month T-bill to ask what the cut-off yield of the T-bill will be. As recent as the T-bill in Jun 24, the cut-off yield was 3.76% per annum which is a decent cut-off yield; however this has since declined in a downtrend to 3.34% per annum in the most recent 6-month T-bill which closed as follows.

BS24111X, auction date: 6 Jun 24; cut-off yield of 3.76% per annum

BS24112W, auction date: 20 Jun 24; cut-off yield of 3.74% per annum

BS24113N, auction date: 4 Jul 24; cut-off yield of 3.7% per annum

BS24114V, auction date: 18 Jul 24; cut-off yield of 3.64% per annum

BS24115A, auction date: 1 Aug 24, cut-off yield of 3.4% per annum

BS24116E, auction date: 15 Aug 24, cut-off yield of 3.34% per annum

READ MORE >>> REVIVING THE SINGAPORE STOCKS MARKETS: ONE SUGGESTION REVEALED! : SINGAPORE STOCKS INVESTING (sgstocksinvesting.com)

Given the high probability of interest rate reductions by the US Federal Reserve, it is anticipated that the cut-off yield for the BS24117F 6-month T-bill may either decrease further or stabilize in the vicinity of 3.3% per annum.

High interest rates for savers are certainly not everlasting, and they are not always beneficial. On the other side of the equation, consumer prices have risen in the context of inflation.


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