Singapore's latest six-month Treasury bill (T-bill) closed its auction with a cut-off yield of 3.93 per cent on Thursday (Feb 16).
The T-bills – which are a risk-free fixed-income product backed by the Singapore government – had attracted strong investor interest last year as yields hit multi-year highs, but interest declined in recent months after yields began to come down.
The latest tranche of T-bills were around 2.3 times subscribed for...

Hong Kong tycoon Li Ka-shing's private investment firm Horizons Ventures Ltd. is opening a Singapore office to find new deals and support the company's expansion in Asia.
Jacky Li, a senior investment manager who will focus on deal execution, and Jeffery Lo, a portfolio curator and other 8 staff will be based in Singapore. One year ago, the company said that it plans to ramp up deals in the region. The new office will be Horizons' first o...

There is an old folklore in Singapore that you can easily make money by buying IPO via ATM machine. So to test that saying I started crunching the numbers. After crunching the numbers on SG IPO over 2018 to 2020 (comparing IPO price and first day closing price), there are 26 winners and 10 losers. if we just buy all IPO (do note that we might not get it if it is oversubscribed) and then sell it at closing, the average returns was 2.56%. ...